343 N 6th Avenue DrKingsburgCA93631
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kingsburg at 343 N 6th Avenue Dr, Kingsburg, CA, 93631 listed at $475,000 pairs $2,249/mo rent with a $2,325/mo payment. Total monthly income runs $2,249/mo. Return on cash invested measures 14.65% in year one, and rental yield registers 5.68% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 74.67% and total cumulative return in cash totals $117,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,249/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93631, Kingsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,275 (100%) |
| Owner Occupied HU | 3,900 (62.2%) |
| Renter Occupied HU | 2,125 (33.9%) |
| Vacant Housing Units | 250 ( 4.0%) |
| Median Home Value | $449,592 |
| Average Home Value | $501,000 |
Housing Distribution
Address Breakdown
Residential
6,201
Single Family
5,926
Multi-Family
275
Businesses
531
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Listed by: Parminder Singh • London Properties-Kingsburg
Mls Name: Fresno MLS
Mls ID: #640264