1408 N Park StreetVisaliaCA93291
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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 Park Street, Visalia, CA, 93291 generates $2,684/mo in rent and, after a $1,835/mo payment, leaves $365/mo in cash flow. Total monthly income is $2,684/mo, and annual cash flow is $4,375/yr on $124,313 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 8.59% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 121.72% and total cumulative return in cash sums $151,311. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,684/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
7,841 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: #237997