31915 Pennyroyal LnPratherCA93651
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Prather at 31915 Pennyroyal Ln, Prather, CA, 93651 priced at $510,000 converts $2,951/mo rent into after a $2,496/mo obligation. Total monthly income equals $2,951/mo. Return on cash invested prints 18.15% in year one, and rental yield reads 6.94% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 93.53% and total cumulative return in cash sums $156,927. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,951/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 1984
5.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93651, Prather, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 602 (100%) |
| Owner Occupied HU | 474 (78.7%) |
| Renter Occupied HU | 77 (12.8%) |
| Vacant Housing Units | 51 ( 8.5%) |
| Median Home Value | $558,654 |
| Average Home Value | $572,706 |
Housing Distribution
Address Breakdown
Residential
484
Single Family
484
Multi-Family
0
Businesses
76
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Listed by: Jeri Kuddes • Realty Concepts - Prather
Mls Name: Fresno MLS
Mls ID: #614120