516 N Monterey AveCoalingaCA93210
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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 Coalinga at 516 N Monterey Ave, Coalinga, CA, 93210 earns $1,505/mo cash flow from $3,413/mo rent with a $1,493/mo payment. Total monthly income totals $3,413/mo, and annual cash flow totals $18,066/yr on $101,108 capital. ROI tracks 37.78% on current figures, and rental yield reads 13.43% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 198.75% and total cumulative return in cash sums $200,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,413/mo property income instead of your personal income.
Single Family
Built in 1976
7,200 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: Rhea M. Billingsley • Golden Hills Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616854
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.