1412 E Springville AvePortervilleCA93257
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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 Porterville at 1412 E Springville Ave, Porterville, CA, 93257 earns $1,080/mo cash flow from $2,410/mo rent with a $1,010/mo payment. Total monthly income totals $2,410/mo, and annual cash flow totals $12,957/yr on $68,411 capital. ROI tracks 38.85% on current figures, and rental yield reads 14.01% at a $206,368 purchase. Equity gained on principal adds $1,332/yr, and 5% annual appreciation supports $57,016 over five years. Five-year ROI reaches 204.76% and total cumulative return in cash sums $140,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,410/mo property income instead of your personal income.
Single Family
Built in 1988
0.49 Acres 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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