600 Central AveFillmoreCA93015
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 600 Central Ave, Fillmore, CA, 93015 in Fillmore fits: $1,149,000, 2.28% gross yield, and a projected 5% annual appreciation rate adding $317,448 in value within five years. Rental yield 2.28%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.42) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $10,582/yr in principal paydown and $317,448 in appreciation project a total return of $118,702.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.5% |
| Monthly Cash Flow | $(4,925) | $400 |
City averages based on Fillmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,183 |
| Total Monthly Debt Service | $6,651 |
| DSCR Ratio | 0.33x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1964
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93015, Fillmore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,986 (100%) |
| Owner Occupied HU | 3,857 (64.4%) |
| Renter Occupied HU | 1,848 (30.9%) |
| Vacant Housing Units | 281 ( 4.7%) |
| Median Home Value | $652,909 |
| Average Home Value | $708,417 |
Housing Distribution
Address Breakdown
Residential
5,904
Single Family
5,548
Multi-Family
356
Businesses
275
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
Multi Family
Built in 1964
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93015, Fillmore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,986 (100%) |
| Owner Occupied HU | 3,857 (64.4%) |
| Renter Occupied HU | 1,848 (30.9%) |
| Vacant Housing Units | 281 ( 4.7%) |
| Median Home Value | $652,909 |
| Average Home Value | $708,417 |
Housing Distribution
Address Breakdown
Residential
5,904
Single Family
5,548
Multi-Family
356
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa Robledo • Diamond Realty
Mls Name: CRMLS
Mls ID: #V1-32589