640 Grant DrChowchillaCA93610
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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 Chowchilla at 640 Grant Dr, Chowchilla, CA, 93610 priced at $404,970 converts $2,518/mo rent into $13/mo cash flow after a $1,982/mo obligation. Total monthly income equals $2,518/mo, and annual cash flow totals $155/yr on $134,248 invested. Return on cash invested prints 20.02% in year one, and rental yield reads 7.46% against a $404,970 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,886 by year five. Five-year ROI reaches 103.44% and total cumulative return in cash sums $138,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,518/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 1979
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93610, Chowchilla, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 3,067 (50.7%) |
| Renter Occupied HU | 2,633 (43.5%) |
| Vacant Housing Units | 353 ( 5.8%) |
| Median Home Value | $387,859 |
| Average Home Value | $471,642 |
Housing Distribution
Address Breakdown
Residential
5,980
Single Family
5,831
Multi-Family
149
Businesses
507
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Listed by: Rosario Garcia • Better Homes & Garden Real Est
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #619851
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.