648 B StreetLemooreCA93245
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 Lemoore at 648 B Street, Lemoore, CA, 93245 at $314,000 posts ROI 26.84% with $601/mo cash flow from $2,544/mo rent. Total monthly income equals $2,544/mo, and annual cash flow records $7,217/yr on $104,091 to close. Return on cash invested measures 26.84% and rental yield reads 9.72% at the current $314,000. Equity gained on principal adds $2,026/yr, and 5% annual appreciation supports $86,752 by year five. Five-year ROI prints 140.04% and total cumulative return in cash totals $145,767.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,544/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93245, Lemoore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 6,236 (46.3%) |
| Renter Occupied HU | 6,351 (47.2%) |
| Vacant Housing Units | 870 ( 6.5%) |
| Median Home Value | $354,338 |
| Average Home Value | $398,054 |
Housing Distribution
Address Breakdown
Residential
12,775
Single Family
11,654
Multi-Family
1,121
Businesses
614
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Listed by: Matt Thompson • Century 21 Jordan-Link & Company
Mls Name: TCMLS
Mls ID: #238322