350 Wawona AveCorcoranCA93212
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 Corcoran at 350 Wawona Ave, Corcoran, CA, 93212 at $360,000 posts ROI 37.32% with $1,732/mo cash flow from $4,044/mo rent. Total monthly income equals $4,044/mo, and annual cash flow records $20,782/yr on $119,340 to close. Return on cash invested measures 37.32% and rental yield reads 13.48% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 196.54% and total cumulative return in cash totals $234,549.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,044/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
6,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93212, Corcoran, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,618 (100%) |
| Owner Occupied HU | 2,304 (49.9%) |
| Renter Occupied HU | 2,075 (44.9%) |
| Vacant Housing Units | 239 ( 5.2%) |
| Median Home Value | $255,495 |
| Average Home Value | $290,313 |
Housing Distribution
Address Breakdown
Residential
4,416
Single Family
4,111
Multi-Family
305
Businesses
286
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arily Ibarra Flarida • Realty ONE Group Inspire
Mls Name: Kings County MLS
Mls Provider:
Mls ID: #230433
Disclaimer: Based on information from the Kings County Board of REALTORS, (alternatively, from the Kings County MLS) as of 2024-02-06 14:09:25 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.