40957 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 40957 Elliott Dr, Oakhurst, CA, 93644 offers a 8.03% rental yield on a $339,999 purchase with $2,275/mo rent. Total monthly income registers $2,275/mo, and a $1,664/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,062/yr on $112,710 to close, and return on cash invested stands at 21.74% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,935 over five years. Portfolio math shows five-year ROI at 112.65% and total cumulative return in cash at $126,966. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,275/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.25 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 Provider:
Mls ID: #614776
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.