8340 Lakeshore DrChowchillaCA93610
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 Chowchilla at 8340 Lakeshore Dr, Chowchilla, CA, 93610 offers $3,191/mo rent that, after a $2,961/mo payment. Total monthly income is $3,191/mo. Return on cash invested measures 15.32% in year one, and rental yield stands at 6.33% at a $605,000 entry. Equity gained on principal adds $3,904/yr while 5% annual appreciation compounds into $167,150 by year five. Five-year ROI records 78.74% and total cumulative return in cash reaches $156,730. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,191/mo property income versus a $2,961/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
$234 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93610, Chowchilla, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 3,067 (50.7%) |
| Renter Occupied HU | 2,633 (43.5%) |
| Vacant Housing Units | 353 ( 5.8%) |
| Median Home Value | $387,859 |
| Average Home Value | $471,642 |
Housing Distribution
Address Breakdown
Residential
5,980
Single Family
5,831
Multi-Family
149
Businesses
507
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Listed by: Kelle E. Ray • London Properties, Chowchilla
Mls Name: Fresno MLS
Mls ID: #627096