129 S Evans RoadTiptonCA93272
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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 Tipton at 129 S Evans Road, Tipton, CA, 93272 uses $99,450 cash to close to unlock $6,654/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $2,410/mo, and a $1,468/mo payment keeps the spread at $555/mo. Purchase price stands at $300,000, and rental yield measures 9.64% with $2,410/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 138.74% and total cumulative return in cash records $137,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,410/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93272, Tipton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 396 (40.2%) |
| Renter Occupied HU | 554 (56.3%) |
| Vacant Housing Units | 34 ( 3.5%) |
| Median Home Value | $343,590 |
| Average Home Value | $736,831 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
608
Multi-Family
52
Businesses
96
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Listed by: Gabriel Correa • Keller Williams Rlty Tulare Co
Mls Name: TCMLS
Mls ID: #237779