700 S Corcoran AveAvenalCA93204
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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
Investment property for sale in Avenal at 700 S Corcoran Ave, Avenal, CA, 93204 listed at $295,000 pairs $2,292/mo rent with a $1,444/mo payment to leave $467/mo cash flow. Total monthly income runs $2,292/mo, and annual cash flow reaches $5,603/yr on $97,793 cash to close. Return on cash invested measures 25.64% in year one, and rental yield registers 9.32% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 133.55% and total cumulative return in cash totals $130,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,292/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
6,499 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: Maria Medina • All Family Lending and Real Es
Mls Name: Fresno MLS
Mls ID: #637245