6613 Desert Springs StChowchillaCA93610
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
Rental property for sale in Chowchilla at 6613 Desert Springs St, Chowchilla, CA, 93610 priced at $610,000 pairs $3,304/mo rent with after a $2,986/mo payment. Total monthly income equals $3,304/mo. Return on cash invested is 15.47% in year one, and rental yield stands at 6.5% on a $610,000 basis. Equity gained on principal adds $3,936/yr, and 5% annual appreciation accumulates to $168,532 by year five. Five-year ROI measures 79.65% and total cumulative return in cash reaches $159,859. For financing, Ziffy Mortgage’s DSCR program evaluates $3,304/mo property income against a $2,986/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
0.28 Acres lot
$N/A/sqft
$219 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy L. Tennesen • Century 21 Select Real Estate
Mls Name: Fresno MLS
Mls ID: #627386