397 W University AveCoalingaCA93210
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
Rental property for sale in Coalinga at 397 W University Ave, Coalinga, CA, 93210 priced at $239,000 converts $2,578/mo rent into $1,099/mo cash flow after a $1,170/mo obligation. Total monthly income equals $2,578/mo, and annual cash flow totals $13,191/yr on $79,229 invested. Return on cash invested prints 36.56% in year one, and rental yield reads 12.94% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 192.16% and total cumulative return in cash sums $152,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,578/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93210, Coalinga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,998 (100%) |
| Owner Occupied HU | 2,418 (48.4%) |
| Renter Occupied HU | 2,175 (43.5%) |
| Vacant Housing Units | 405 ( 8.1%) |
| Median Home Value | $300,407 |
| Average Home Value | $332,142 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,081
Multi-Family
533
Businesses
362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tawnya Stevens • Mid State Realty
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #615782
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.