59556 Cascadel 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
Rental property for sale in North Fork at 59556 Cascadel Dr, North Fork, CA, 93643 generates $2,899/mo in rent and, after a $1,953/mo payment, leaves $431/mo in cash flow. Total monthly income is $2,899/mo, and annual cash flow is $5,167/yr on $132,269 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 8.72% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 123.79% and total cumulative return in cash sums $163,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,899/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.80 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: Shelley M. Ballard • Ballard Properties
Mls Name: Fresno MLS
Mls ID: #641373