1429 W Iris AvenueVisaliaCA93277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Visalia at 1429 W Iris Avenue, Visalia, CA, 93277 at $430,000 posts ROI 24.65% with $563/mo cash flow from $3,223/mo rent. Total monthly income equals $3,223/mo, and annual cash flow records $6,751/yr on $142,545 to close. Return on cash invested measures 24.65% and rental yield reads 8.99% at the current $430,000. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 by year five. Five-year ROI prints 128.24% and total cumulative return in cash totals $182,799.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,223/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93277, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,981 (100%) |
| Owner Occupied HU | 11,153 (55.8%) |
| Renter Occupied HU | 7,913 (39.6%) |
| Vacant Housing Units | 915 ( 4.6%) |
| Median Home Value | $350,637 |
| Average Home Value | $381,065 |
Housing Distribution
Address Breakdown
Residential
19,507
Single Family
18,413
Multi-Family
1,094
Businesses
1,352
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Nearby investment properties with comparable prices
Listed by: Jeremy Jennings • Atella Properties
Mls Name: TCMLS
Mls Provider:
Mls ID: #232623
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-02-12 09:20:38 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.