322 E Citrus DriveFarmersvilleCA93223
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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
Investment property for sale in Farmersville at 322 E Citrus Drive, Farmersville, CA, 93223 uses $76,245 cash to close to unlock $13,499/yr annual cash flow and $1,125/mo monthly cash flow. Total monthly income runs $2,548/mo, and a $1,126/mo payment keeps the spread at $1,125/mo. Purchase price stands at $230,000, and rental yield measures 13.29% with $2,548/mo rent. Return on cash invested shows 37.61% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 197.77% and total cumulative return in cash records $150,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,548/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1968
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93223, Farmersville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,816 (61.1%) |
| Renter Occupied HU | 1,064 (35.8%) |
| Vacant Housing Units | 92 ( 3.1%) |
| Median Home Value | $293,925 |
| Average Home Value | $383,918 |
Housing Distribution
Address Breakdown
Residential
2,756
Single Family
2,653
Multi-Family
103
Businesses
199
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Listed by: Glenda Rilea • Berkshire Hathaway HomeServices California Realty
Mls Name: TCMLS
Mls ID: #237533