0 Iona AvenueLemooreCA93245
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lemoore at 0 Iona Avenue, Lemoore, CA, 93245 priced at $1,284,500 pairs $2,370/mo rent with after a $6,287/mo payment. Total monthly income equals $2,370/mo. Return on cash invested is 4.29% in year one, and rental yield stands at 2.21% on a $1,284,500 basis. Equity gained on principal adds $8,289/yr, and 5% annual appreciation accumulates to $354,884 by year five. Five-year ROI measures 18.99% and total cumulative return in cash reaches $79,041. For financing, Ziffy Mortgage’s DSCR program evaluates $2,370/mo property income against a $6,287/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
36.73 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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Nearby investment properties with comparable prices
Listed by: Dirk R Schuil • Schuil Ag Real Estate
Mls Name: TCMLS
Mls Provider:
Mls ID: #232143
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-01-08 14:16:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.