702 I StParlierCA93648
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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 Parlier at 702 I St, Parlier, CA, 93648 earns $253/mo cash flow from $2,412/mo rent with a $1,664/mo payment. Total monthly income totals $2,412/mo, and annual cash flow totals $3,036/yr on $112,710 capital. ROI tracks 22.6% on current figures, and rental yield reads 8.51% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 117.54% and total cumulative return in cash sums $132,474. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,412/mo property income instead of your personal income.
Single Family
Built in 1963
7,130 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93648, Parlier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,047 (48.5%) |
| Renter Occupied HU | 1,871 (44.3%) |
| Vacant Housing Units | 302 ( 7.2%) |
| Median Home Value | $269,774 |
| Average Home Value | $373,034 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,527
Multi-Family
355
Businesses
167
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Listed by: Hector Ortega Jr • Real Broker
Mls Name: Fresno MLS
Mls ID: #626862