920 N Lake StMaderaCA93638
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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 920 N Lake St, Madera, CA, 93638 uses $84,533 cash to close to unlock $4,135/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $1,933/mo, and a $1,248/mo payment keeps the spread at $345/mo. Purchase price stands at $255,000, and rental yield measures 9.1% with $1,933/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 129.15% and total cumulative return in cash records $109,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,933/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1946
8,193 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: Ruben Venegas • Excel Realty Inc.
Mls Name: MetroList Services of CA
Mls ID: #225074122