374 Molly AveChowchillaCA93610
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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 Chowchilla at 374 Molly Ave, Chowchilla, CA, 93610 offers $2,237/mo rent that, after a $2,007/mo payment. Total monthly income is $2,237/mo. Return on cash invested measures 17.26% in year one, and rental yield stands at 6.55% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 88.66% and total cumulative return in cash reaches $120,503. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,237/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93610, Chowchilla, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 3,067 (50.7%) |
| Renter Occupied HU | 2,633 (43.5%) |
| Vacant Housing Units | 353 ( 5.8%) |
| Median Home Value | $387,859 |
| Average Home Value | $471,642 |
Housing Distribution
Address Breakdown
Residential
5,980
Single Family
5,831
Multi-Family
149
Businesses
507
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Listed by: Angela Santamaria Saravia • Huff Real Estate, Inc.
Mls Name: Fresno MLS
Mls ID: #628202