1003 W Porter AvenueVisaliaCA93291
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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 Visalia at 1003 W Porter Avenue, Visalia, CA, 93291 generates $2,818/mo in rent and, after a $1,933/mo payment, leaves $375/mo in cash flow. Total monthly income is $2,818/mo, and annual cash flow is $4,497/yr on $130,943 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.56% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 121.26% and total cumulative return in cash sums $158,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,818/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
5,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93291, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,411 (100%) |
| Owner Occupied HU | 13,215 (61.7%) |
| Renter Occupied HU | 7,270 (34.0%) |
| Vacant Housing Units | 926 ( 4.3%) |
| Median Home Value | $408,484 |
| Average Home Value | $451,368 |
Housing Distribution
Address Breakdown
Residential
20,832
Single Family
20,057
Multi-Family
775
Businesses
1,752
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Listed by: Ron Byrd Byrd • RE/MAX Success
Mls Name: TCMLS
Mls ID: #238497