40885 Elliott DrOakhurstCA93644
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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
Investment property for sale in Oakhurst at 40885 Elliott Dr, Oakhurst, CA, 93644 listed at $420,000 pairs $2,590/mo rent with a $2,056/mo payment. Total monthly income runs $2,590/mo. Return on cash invested measures 19.84% in year one, and rental yield registers 7.4% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 102.46% and total cumulative return in cash totals $142,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,590/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93644, Oakhurst, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,525 (59.1%) |
| Renter Occupied HU | 851 (19.9%) |
| Vacant Housing Units | 900 (21.0%) |
| Median Home Value | $469,363 |
| Average Home Value | $589,105 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,362
Multi-Family
262
Businesses
764
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Listed by: Melanie Barker • Summit Real Estate
Mls Name: Fresno MLS
Mls ID: #632928