40648 Saddleback RdBass 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 40648 Saddleback Rd, Bass Lake, CA, 93604 generates $2,472/mo in rent and, after a $1,679/mo payment, leaves $350/mo in cash flow. Total monthly income is $2,472/mo, and annual cash flow is $4,199/yr on $113,705 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 8.65% on a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation builds toward $94,765 over five years. Five-year ROI reaches 122.64% and total cumulative return in cash sums $139,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,472/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1,690 sqft 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: Shelley M. Ballard • Ballard Properties
Mls Name: Fresno MLS
Mls ID: #641310