855 I StParlierCA93648
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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
Rental property for sale in Parlier at 855 I St, Parlier, CA, 93648 priced at $374,900 converts $2,393/mo rent into $74/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,393/mo, and annual cash flow totals $885/yr on $124,279 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 7.66% against a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,578 by year five. Five-year ROI reaches 106.65% and total cumulative return in cash sums $132,547. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,393/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1956
7,440 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: Christine A. Palacios • Gabriel Gutierrez Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616891
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