1061 Laurel AvenueLindsayCA93247
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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 Lindsay at 1061 Laurel Avenue, Lindsay, CA, 93247 listed at $299,500 pairs $1,865/mo rent with a $1,466/mo payment to leave $12/mo cash flow. Total monthly income runs $1,865/mo, and annual cash flow reaches $146/yr on $99,284 cash to close. Return on cash invested measures 20.06% in year one, and rental yield registers 7.47% at a $299,500 basis. Equity gained on principal adds $1,933/yr, and annual property appreciation at 5% supports $82,746 by year five. Five-year ROI tracks 103.66% and total cumulative return in cash totals $102,923. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,865/mo property income relative to a $1,466/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
8,215 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93247, Lindsay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 2,857 (54.0%) |
| Renter Occupied HU | 2,179 (41.2%) |
| Vacant Housing Units | 257 ( 4.9%) |
| Median Home Value | $293,443 |
| Average Home Value | $349,646 |
Housing Distribution
Address Breakdown
Residential
5,113
Single Family
4,835
Multi-Family
278
Businesses
374
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Listed by: Delma Mecum • Tienken Realty
Mls Name: TCMLS
Mls ID: #236821