366 N Palm 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 366 N Palm Street, Woodlake, CA, 93286 offers a 7.97% rental yield on a $319,000 purchase with $2,119/mo rent. Total monthly income registers $2,119/mo, and a $1,561/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,751/yr on $105,749 to close, and return on cash invested stands at 21.57% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 111.71% and total cumulative return in cash at $118,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,119/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,555 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: Ruben R Olguin • Melson Realty, Inc.
Mls Name: TCMLS
Mls ID: #239544