37 S Olive StLemooreCA93245
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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 Lemoore at 37 S Olive St, Lemoore, CA, 93245 priced at $299,000 pairs $2,620/mo rent with $771/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,620/mo, and annual cash flow comes to $9,249/yr on $99,119 invested. Return on cash invested is 29.24% in year one, and rental yield stands at 10.52% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 152.89% and total cumulative return in cash reaches $151,546. For financing, Ziffy Mortgage’s DSCR program evaluates $2,620/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93245, Lemoore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 6,236 (46.3%) |
| Renter Occupied HU | 6,351 (47.2%) |
| Vacant Housing Units | 870 ( 6.5%) |
| Median Home Value | $354,338 |
| Average Home Value | $398,054 |
Housing Distribution
Address Breakdown
Residential
12,775
Single Family
11,654
Multi-Family
1,121
Businesses
614
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Listed by: A. ALAN SAZMAN • CAPITAL 1 REALTY
Mls Name: CRMLS
Mls ID: #IV25196423