824 Ashlan WayMaderaCA93638
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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 824 Ashlan Way, Madera, CA, 93638 with 5% annual appreciation on a $340,000 basis while $2,234/mo rent supports operations. Total monthly income totals $2,234/mo and a $1,664/mo payment preserves $131/mo for cash returns. Annual cash flow comes to $1,570/yr on $112,710 deployed, and return on cash invested reaches 21.3% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 7.88%. Five-year ROI measures 110.31% and total cumulative return in cash totals $124,326.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,234/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93638, Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,021 (100%) |
| Owner Occupied HU | 7,020 (53.9%) |
| Renter Occupied HU | 5,473 (42.0%) |
| Vacant Housing Units | 528 ( 4.1%) |
| Median Home Value | $356,944 |
| Average Home Value | $413,680 |
Housing Distribution
Address Breakdown
Residential
12,884
Single Family
12,190
Multi-Family
694
Businesses
622
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Listed by: Alexander E. Salazar • RE/MAX Gold
Mls Name: Fresno MLS
Mls ID: #638239