3208 Goldridge StSelmaCA93662
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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 Selma at 3208 Goldridge St, Selma, CA, 93662 priced at $349,000 pairs $2,351/mo rent with $95/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,351/mo, and annual cash flow comes to $1,137/yr on $115,694 invested. Return on cash invested is 20.89% in year one, and rental yield stands at 8.08% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 108.47% and total cumulative return in cash reaches $125,496. For financing, Ziffy Mortgage’s DSCR program evaluates $2,351/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,912 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93662, Selma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 4,965 (53.5%) |
| Renter Occupied HU | 3,990 (43.0%) |
| Vacant Housing Units | 318 ( 3.4%) |
| Median Home Value | $355,755 |
| Average Home Value | $401,435 |
Housing Distribution
Address Breakdown
Residential
8,992
Single Family
8,389
Multi-Family
603
Businesses
769
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Listed by: Braithan Stoltenberg • eXp Realty of California, Inc.
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616433
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