1005 E Douglas AvenueVisaliaCA93292
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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 Visalia at 1005 E Douglas Avenue, Visalia, CA, 93292 with 5% annual appreciation on a $170,000 basis while $2,932/mo rent supports operations. Total monthly income totals $2,932/mo and a $832/mo payment preserves $1,880/mo for cash returns. Annual cash flow comes to $22,565/yr on $56,355 deployed, and return on cash invested reaches 59.95% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 20.7%. Five-year ROI measures 317.63% and total cumulative return in cash totals $179,001.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,932/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93292, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,050 (100%) |
| Owner Occupied HU | 10,245 (63.8%) |
| Renter Occupied HU | 5,117 (31.9%) |
| Vacant Housing Units | 688 ( 4.3%) |
| Median Home Value | $376,237 |
| Average Home Value | $414,527 |
Housing Distribution
Address Breakdown
Residential
15,363
Single Family
15,211
Multi-Family
152
Businesses
807
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Listed by: Ronald H Byrd • RE/MAX Success
Mls Name: TCMLS
Mls Provider:
Mls ID: #230711
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 15:18:34 PDT. 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.