409 Lake 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 409 Lake Ave, Chowchilla, CA, 93610 priced at $327,000 pairs $2,497/mo rent with $474/mo cash flow after a $1,601/mo payment. Total monthly income equals $2,497/mo, and annual cash flow comes to $5,683/yr on $108,401 invested. Return on cash invested is 25.15% in year one, and rental yield stands at 9.16% on a $327,000 basis. Equity gained on principal adds $2,110/yr, and 5% annual appreciation accumulates to $90,344 by year five. Five-year ROI measures 130.95% and total cumulative return in cash reaches $141,953. For financing, Ziffy Mortgage’s DSCR program evaluates $2,497/mo property income against a $1,601/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
9,583 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: Suzanne Miranda • Century 21 Jordan-Link & Compa
Mls Name: Fresno MLS
Mls ID: #625176