42000 N Fork DriveThree RiversCA93271
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 42000 N Fork Drive, Three Rivers, CA, 93271 in Three Rivers. Rental yield 3.69%. At $1,595,000 with 3.69% gross yield, current distributions are modest, but the 5% appreciation rate projects $440,669 in new equity by year five, complemented by $14,690/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.68) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $285,676.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 5.5% |
| Monthly Cash Flow | $(4,959) | $300 |
City averages based on Three Rivers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,908 |
| Total Monthly Debt Service | $9,232 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
14.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93271, Three Rivers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 758 (54.2%) |
| Renter Occupied HU | 237 (16.9%) |
| Vacant Housing Units | 404 (28.9%) |
| Median Home Value | $475,676 |
| Average Home Value | $545,851 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
776
Multi-Family
123
Businesses
160
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
Single Family
Built in 2007
14.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93271, Three Rivers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 758 (54.2%) |
| Renter Occupied HU | 237 (16.9%) |
| Vacant Housing Units | 404 (28.9%) |
| Median Home Value | $475,676 |
| Average Home Value | $545,851 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
776
Multi-Family
123
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy A Vevoda • STARRE
Mls Name: TCMLS
Mls ID: #223172