1061 11th AvenueKingsburgCA93631
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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 Kingsburg at 1061 11th Avenue, Kingsburg, CA, 93631 generates $2,332/mo in rent, after a $1,933/mo payment. Total monthly income is $2,332/mo. Return on cash invested sits at 18.89% in year one, and rental yield is 7.08% 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 97.38% and total cumulative return in cash sums $127,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,332/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
6,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93631, Kingsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,275 (100%) |
| Owner Occupied HU | 3,900 (62.2%) |
| Renter Occupied HU | 2,125 (33.9%) |
| Vacant Housing Units | 250 ( 4.0%) |
| Median Home Value | $449,592 |
| Average Home Value | $501,000 |
Housing Distribution
Address Breakdown
Residential
6,201
Single Family
5,926
Multi-Family
275
Businesses
531
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Listed by: Apple M Corial • KW Ascend
Mls Name: TCMLS
Mls ID: #238581