852 Azalea 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 852 Azalea Ln, Lemoore, CA, 93245 offers $2,326/mo rent that, after a $1,459/mo payment, leaves $482/mo cash flow. Total monthly income is $2,326/mo, and annual cash flow is $5,785/yr on $98,787 cash. Return on cash invested measures 25.76% in year one, and rental yield stands at 9.37% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 134.28% and total cumulative return in cash reaches $132,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,326/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
7,126 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
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Listed by: Lynsey J. Loya • Lemoore Real Estate
Mls Name: Kings County MLS
Mls ID: #233427