929 Grangeville AveAvenalCA93204
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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 Avenal at 929 Grangeville Ave, Avenal, CA, 93204 offers $3,916/mo rent that, after a $1,938/mo payment, leaves $1,467/mo cash flow. Total monthly income is $3,916/mo, and annual cash flow is $17,599/yr on $131,246 cash. Return on cash invested measures 33.32% in year one, and rental yield stands at 11.87% at a $395,917 entry. Equity gained on principal adds $2,555/yr while 5% annual appreciation compounds into $109,385 by year five. Five-year ROI records 174.76% and total cumulative return in cash reaches $229,362. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,916/mo property income versus a $1,938/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93204, Avenal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,621 (100%) |
| Owner Occupied HU | 1,120 (42.7%) |
| Renter Occupied HU | 1,400 (53.4%) |
| Vacant Housing Units | 101 ( 3.9%) |
| Median Home Value | $242,349 |
| Average Home Value | $333,054 |
Housing Distribution
Address Breakdown
Residential
2,557
Single Family
2,407
Multi-Family
150
Businesses
158
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Listed by: Elizabeth C. Madrid • Better Homes and Gardens Real
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #613028
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.