3462 Shaft StreetSelmaCA93662
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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 3462 Shaft Street, Selma, CA, 93662 generates $3,143/mo in rent and, after a $2,202/mo payment, leaves $360/mo in cash flow. Total monthly income is $3,143/mo, and annual cash flow is $4,319/yr on $149,142 invested. Return on cash invested sits at 22.8% in year one, and rental yield is 8.38% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 118.36% and total cumulative return in cash sums $176,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,143/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
6,960 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: Diana Picazo • Century 21 Jordan-Link & Company
Mls Name: TCMLS
Mls ID: #238687