930 W Iona AvenueLemooreCA93245
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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 Lemoore at 930 W Iona Avenue, Lemoore, CA, 93245 listed at $427,525 pairs $2,179/mo rent with a $2,093/mo payment. Total monthly income runs $2,179/mo. Return on cash invested measures 15.96% in year one, and rental yield registers 6.12% at a $427,525 basis. Equity gained on principal adds $2,759/yr, and annual property appreciation at 5% supports $118,117 by year five. Five-year ROI tracks 81.66% and total cumulative return in cash totals $115,734. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,179/mo property income relative to a $2,093/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
2.02 Acres 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: BryAnn N Buhl • Iron Key Real Estate
Mls Name: TCMLS
Mls ID: #237642