53050 Ridge Top DrNorth ForkCA93643
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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 North Fork at 53050 Ridge Top Dr, North Fork, CA, 93643 offers a 8.57% rental yield on a $519,900 purchase with $3,714/mo rent. Total monthly income registers $3,714/mo, and a $2,545/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,970/yr on $171,047 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,639 over five years. Portfolio math shows five-year ROI at 122.35% and total cumulative return in cash at $209,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,714/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
5.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93643, North Fork, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,529 (100%) |
| Owner Occupied HU | 950 (62.1%) |
| Renter Occupied HU | 271 (17.7%) |
| Vacant Housing Units | 308 (20.1%) |
| Median Home Value | $541,226 |
| Average Home Value | $526,047 |
Housing Distribution
Address Breakdown
Residential
1,278
Single Family
1,278
Multi-Family
0
Businesses
134
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Listed by: David Todd Mitchell • Gate12 Real Estate
Mls Name: Fresno MLS
Mls ID: #640122