9240 S Kings River RdReedleyCA93654
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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 Reedley at 9240 S Kings River Rd, Reedley, CA, 93654 at $1,000,000 posts ROI 19.75% with from $6,112/mo rent. Total monthly income equals $6,112/mo. Return on cash invested measures 19.75% and rental yield reads 7.33% at the current $1,000,000. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,282 by year five. Five-year ROI prints 101.96% and total cumulative return in cash totals $335,440. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,112/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93654, Reedley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,520 (100%) |
| Owner Occupied HU | 5,536 (58.2%) |
| Renter Occupied HU | 3,578 (37.6%) |
| Vacant Housing Units | 406 ( 4.3%) |
| Median Home Value | $382,117 |
| Average Home Value | $420,477 |
Housing Distribution
Address Breakdown
Residential
9,204
Single Family
8,321
Multi-Family
883
Businesses
853
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Listed by: Peter J. An • Circa Properties, Inc.
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #609322
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.