7242 Road 23MaderaCA93637
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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 Madera at 7242 Road 23, Madera, CA, 93637 offers a 2% rental yield on a $1,357,650 purchase with $2,263/mo rent. 63% in year one. Equity gained on principal adds $8,761/yr while 5% annual appreciation supports $375,094 over five years. Portfolio math shows five-year ROI at 15.46% and total cumulative return in cash at $67,987. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,263/mo property income against a $6,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
38.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93637, Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,874 (100%) |
| Owner Occupied HU | 7,256 (56.4%) |
| Renter Occupied HU | 5,001 (38.8%) |
| Vacant Housing Units | 617 ( 4.8%) |
| Median Home Value | $413,076 |
| Average Home Value | $527,031 |
Housing Distribution
Address Breakdown
Residential
12,929
Single Family
11,867
Multi-Family
1,062
Businesses
969
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Listed by: Paramjeet Singh • Century 21 Select Real Estate
Mls Name: CRMLS
Mls ID: #MC25163237