7615 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 7615 Road 23, Madera, CA, 93637 listed at $840,000 pairs $1,730/mo rent with a $4,111/mo payment. Total monthly income runs $1,730/mo. Return on cash invested measures 4.05% in year one, and rental yield registers 2.47% at a $840,000 basis. Equity gained on principal adds $5,420/yr, and annual property appreciation at 5% supports $232,077 by year five. Five-year ROI tracks 18.1% and total cumulative return in cash totals $50,030. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,730/mo property income relative to a $4,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
39.39 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: Gurbir Samran • Real Estate eBroker Inc.
Mls Name: Fresno MLS
Mls ID: #617087