605 N Sonoma LnAvenalCA93204
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
Investment property for sale in Avenal at 605 N Sonoma Ln, Avenal, CA, 93204 at $300,000 posts ROI 26.11% with $514/mo cash flow from $2,369/mo rent. Total monthly income equals $2,369/mo, and annual cash flow records $6,162/yr on $99,450 to close. Return on cash invested measures 26.11% and rental yield reads 9.48% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 136.08% and total cumulative return in cash totals $135,336.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,369/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
7,048 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93204, Avenal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,621 (100%) |
| Owner Occupied HU | 1,120 (42.7%) |
| Renter Occupied HU | 1,400 (53.4%) |
| Vacant Housing Units | 101 ( 3.9%) |
| Median Home Value | $242,349 |
| Average Home Value | $333,054 |
Housing Distribution
Address Breakdown
Residential
2,557
Single Family
2,407
Multi-Family
150
Businesses
158
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Listed by: Laura J. Goldsmith • Keller Williams Realty Antelop
Mls Name: Fresno MLS
Mls ID: #641040