776 Cedar LnLemooreCA93245
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 Lemoore at 776 Cedar Ln, Lemoore, CA, 93245 priced at $429,000 pairs $3,067/mo rent with $413/mo cash flow after a $2,100/mo payment. Total monthly income equals $3,067/mo, and annual cash flow comes to $4,954/yr on $142,214 invested. Return on cash invested is 23.39% in year one, and rental yield stands at 8.58% on a $429,000 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,525 by year five. Five-year ROI measures 121.5% and total cumulative return in cash reaches $172,789. For financing, Ziffy Mortgage’s DSCR program evaluates $3,067/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
9,574 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93245, Lemoore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 6,236 (46.3%) |
| Renter Occupied HU | 6,351 (47.2%) |
| Vacant Housing Units | 870 ( 6.5%) |
| Median Home Value | $354,338 |
| Average Home Value | $398,054 |
Housing Distribution
Address Breakdown
Residential
12,775
Single Family
11,654
Multi-Family
1,121
Businesses
614
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alana Wagoner • Estate Properties
Mls Name: Kings County MLS
Mls ID: #233285