0 W Putnam AvePortervilleCA93257
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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 Porterville at 0 W Putnam Ave, Porterville, CA, 93257 priced at $185,000 pairs $1,560/mo rent with $416/mo cash flow after a $905/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $4,992/yr on $61,328 invested. Return on cash invested is 28.05% in year one, and rental yield stands at 10.12% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 146.58% and total cumulative return in cash reaches $89,895. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93257, Porterville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,215 (100%) |
| Owner Occupied HU | 13,456 (53.4%) |
| Renter Occupied HU | 10,551 (41.8%) |
| Vacant Housing Units | 1,208 ( 4.8%) |
| Median Home Value | $315,910 |
| Average Home Value | $353,818 |
Housing Distribution
Address Breakdown
Residential
23,579
Single Family
22,435
Multi-Family
1,144
Businesses
1,380
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Listed by: Angeles Lomeli • EXIT REALTY CONSULTANTS
Mls Name: Exit Realty
Mls Provider:
Mls ID: #MC25010335