39818 Granite Ridge LnBass LakeCA93604
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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 Bass Lake at 39818 Granite Ridge Ln, Bass Lake, CA, 93604 generates $3,704/mo in rent, after a $6,838/mo payment. Total monthly income is $3,704/mo. Return on cash invested sits at 7.28% in year one, and rental yield is 3.18% on a $1,397,000 entry. Equity gained on principal adds $9,015/yr, while 5% annual appreciation builds toward $385,965 over five years. Five-year ROI reaches 35% and total cumulative return in cash sums $158,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,704/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93604, Bass Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 991 (100%) |
| Owner Occupied HU | 261 (26.3%) |
| Renter Occupied HU | 55 ( 5.5%) |
| Vacant Housing Units | 675 (68.1%) |
| Median Home Value | $745,879 |
| Average Home Value | $951,121 |
Housing Distribution
Address Breakdown
Residential
358
Single Family
358
Multi-Family
0
Businesses
38
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Listed by: Theresa Wilson • Stars & Stripes Real Estate
Mls Name: Fresno MLS
Mls ID: #641392