806 S Peach AveReedleyCA93654
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 Reedley at 806 S Peach Ave, Reedley, CA, 93654 generates $4,164/mo in rent, after a $3,744/mo payment. Total monthly income is $4,164/mo. Return on cash invested sits at 16.19% in year one, and rental yield is 6.53% on a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 83.29% and total cumulative return in cash sums $209,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,164/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10,092 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93654, Reedley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,520 (100%) |
| Owner Occupied HU | 5,536 (58.2%) |
| Renter Occupied HU | 3,578 (37.6%) |
| Vacant Housing Units | 406 ( 4.3%) |
| Median Home Value | $382,117 |
| Average Home Value | $420,477 |
Housing Distribution
Address Breakdown
Residential
9,204
Single Family
8,321
Multi-Family
883
Businesses
853
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Nearby investment properties with comparable prices
Listed by: Concepcion C. Encinia • eXp Realty of Northern CA
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409063
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.