420 Longhollow WayCoalingaCA93210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Coalinga at 420 Longhollow Way, Coalinga, CA, 93210 uses $106,080 cash to close to unlock $17,846/yr annual cash flow and $1,487/mo monthly cash flow. Total monthly income runs $3,498/mo, and a $1,566/mo payment keeps the spread at $1,487/mo. Purchase price stands at $320,000, and rental yield measures 13.12% with $3,498/mo rent. Return on cash invested shows 36.73% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 193.2% and total cumulative return in cash records $204,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,498/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1995
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93210, Coalinga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,998 (100%) |
| Owner Occupied HU | 2,418 (48.4%) |
| Renter Occupied HU | 2,175 (43.5%) |
| Vacant Housing Units | 405 ( 8.1%) |
| Median Home Value | $300,407 |
| Average Home Value | $332,142 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,081
Multi-Family
533
Businesses
362
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Listed by: Cassandra Budge • Real Brokerage Technologies
Mls Name: TCMLS
Mls Provider:
Mls ID: #230689
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 11:16:34 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.