641 Kern StKingsburgCA93631
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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 Kingsburg at 641 Kern St, Kingsburg, CA, 93631 offers $2,059/mo rent that, after a $1,566/mo payment, leaves $80/mo cash flow. Total monthly income is $2,059/mo, and annual cash flow is $956/yr on $106,080 cash. Return on cash invested measures 20.81% in year one, and rental yield stands at 7.72% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 107.68% and total cumulative return in cash reaches $114,231. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
7,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93631, Kingsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,275 (100%) |
| Owner Occupied HU | 3,900 (62.2%) |
| Renter Occupied HU | 2,125 (33.9%) |
| Vacant Housing Units | 250 ( 4.0%) |
| Median Home Value | $449,592 |
| Average Home Value | $501,000 |
Housing Distribution
Address Breakdown
Residential
6,201
Single Family
5,926
Multi-Family
275
Businesses
531
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Listed by: Benjamin R. Hansen • Solid Oak Realty, Inc
Mls Name: Fresno MLS
Mls ID: #640394