49 E Hazelwood DriveLemooreCA93245
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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 Lemoore at 49 E Hazelwood Drive, Lemoore, CA, 93245 priced at $679,900 converts $3,382/mo rent into after a $3,328/mo obligation. Total monthly income equals $3,382/mo. Return on cash invested prints 15.64% in year one, and rental yield reads 5.97% against a $679,900 entry. Equity gained on principal adds $4,387/yr, while 5% annual appreciation compiles into $187,844 by year five. Five-year ROI reaches 79.9% and total cumulative return in cash sums $178,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,382/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Multi Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93245, Lemoore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 6,236 (46.3%) |
| Renter Occupied HU | 6,351 (47.2%) |
| Vacant Housing Units | 870 ( 6.5%) |
| Median Home Value | $354,338 |
| Average Home Value | $398,054 |
Housing Distribution
Address Breakdown
Residential
12,775
Single Family
11,654
Multi-Family
1,121
Businesses
614
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Listed by: Joe C Silva • MD Graham & Associates, Inc.
Mls Name: TCMLS
Mls Provider:
Mls ID: #229309
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 12:47:05 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.