349 N Lemona StreetWoodlakeCA93286
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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 Woodlake at 349 N Lemona Street, Woodlake, CA, 93286 uses $99,119 cash to close to unlock $2,697/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $2,074/mo, and a $1,463/mo payment keeps the spread at $225/mo. Purchase price stands at $299,000, and rental yield measures 8.32% with $2,074/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 117.43% and total cumulative return in cash records $116,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,074/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1932
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93286, Woodlake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 1,820 (54.7%) |
| Renter Occupied HU | 1,292 (38.8%) |
| Vacant Housing Units | 218 ( 6.5%) |
| Median Home Value | $358,596 |
| Average Home Value | $451,982 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
2,943
Multi-Family
197
Businesses
224
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Listed by: Mark Avedian • Avedian Properties Company
Mls Name: TCMLS
Mls ID: #239111