1280 E Richard Smith AvenueTulareCA93274
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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 Tulare at 1280 E Richard Smith Avenue, Tulare, CA, 93274 listed at $379,900 pairs $2,734/mo rent with a $1,859/mo payment to leave $384/mo cash flow. Total monthly income runs $2,734/mo, and annual cash flow reaches $4,611/yr on $125,937 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 8.64% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 122.49% and total cumulative return in cash totals $154,265. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,734/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
6,943 sqft lot
$N/A/sqft
No 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: Adrian S Herrera • A. Herrera Real Estate
Mls Name: TCMLS
Mls ID: #237558