1408 N Cortona CourtVisaliaCA93291
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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 Visalia at 1408 N Cortona Court, Visalia, CA, 93291 generates $2,208/mo in rent, after a $1,757/mo payment. Total monthly income is $2,208/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 7.38% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 102.17% and total cumulative return in cash sums $121,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,208/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93291, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,411 (100%) |
| Owner Occupied HU | 13,215 (61.7%) |
| Renter Occupied HU | 7,270 (34.0%) |
| Vacant Housing Units | 926 ( 4.3%) |
| Median Home Value | $408,484 |
| Average Home Value | $451,368 |
Housing Distribution
Address Breakdown
Residential
20,832
Single Family
20,057
Multi-Family
775
Businesses
1,752
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Listed by: Diana Benson • Modern Broker
Mls Name: TCMLS
Mls ID: #238579