1150 N Gem StTulareCA93274
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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 Tulare at 1150 N Gem St, Tulare, CA, 93274 generates $3,119/mo in rent and, after a $1,517/mo payment, leaves $977/mo in cash flow. Total monthly income is $3,119/mo, and annual cash flow is $11,721/yr on $102,732 invested. Return on cash invested sits at 31.32% in year one, and rental yield is 12.08% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 164.97% and total cumulative return in cash sums $169,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Condo
Built in 1973
1,128 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93274, Tulare, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 14,897 (57.6%) |
| Renter Occupied HU | 9,895 (38.2%) |
| Vacant Housing Units | 1,081 ( 4.2%) |
| Median Home Value | $359,520 |
| Average Home Value | $395,082 |
Housing Distribution
Address Breakdown
Residential
24,756
Single Family
24,049
Multi-Family
707
Businesses
1,433
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Listed by: Manuel Lopez • London Properties, Ltd.
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #617533
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.