59954 Cascadel Dr SNorth ForkCA93643
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
Investment Highlights
Rental property for sale in North Fork at 59954 Cascadel Dr S, North Fork, CA, 93643 offers $2,815/mo rent that, after a $1,860/mo payment, leaves $464/mo cash flow. Total monthly income is $2,815/mo, and annual cash flow is $5,570/yr on $125,970 cash. Return on cash invested measures 24.33% in year one, and rental yield stands at 8.89% at a $380,000 entry. Equity gained on principal adds $2,452/yr while 5% annual appreciation compounds into $104,987 by year five. Five-year ROI records 126.57% and total cumulative return in cash reaches $159,445. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,815/mo property income versus a $1,860/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whsyeena F. Kirkland • Whsyeena Flowers Kirkland, Bro
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #609824
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.