1238 N Red Oak StPortervilleCA93257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Porterville at 1238 N Red Oak St, Porterville, CA, 93257 offers $2,280/mo rent that, after a $1,936/mo payment. Total monthly income is $2,280/mo. Return on cash invested measures 18.38% in year one, and rental yield stands at 6.92% at a $395,470 entry. Equity gained on principal adds $2,552/yr while 5% annual appreciation compounds into $109,261 by year five. Five-year ROI records 94.67% and total cumulative return in cash reaches $124,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $1,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93257, Porterville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,215 (100%) |
| Owner Occupied HU | 13,456 (53.4%) |
| Renter Occupied HU | 10,551 (41.8%) |
| Vacant Housing Units | 1,208 ( 4.8%) |
| Median Home Value | $315,910 |
| Average Home Value | $353,818 |
Housing Distribution
Address Breakdown
Residential
23,579
Single Family
22,435
Multi-Family
1,144
Businesses
1,380
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Listed by: Chelsey Zotter • San Joaquin Valley Homes
Mls Name: San Joaquin Valley Homes
Mls ID: #N/A