842 Buchannan CtParlierCA93648
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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 Parlier at 842 Buchannan Ct, Parlier, CA, 93648 offers a 8.67% rental yield on a $420,000 purchase with $3,034/mo rent. Total monthly income registers $3,034/mo, and a $2,056/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,609/yr on $139,230 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 117.16% and total cumulative return in cash at $163,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,034/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6,912 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93648, Parlier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,047 (48.5%) |
| Renter Occupied HU | 1,871 (44.3%) |
| Vacant Housing Units | 302 ( 7.2%) |
| Median Home Value | $269,774 |
| Average Home Value | $373,034 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,527
Multi-Family
355
Businesses
167
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Listed by: Estela M. Lopez • Valley Oak Realty
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #614866
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.