1505 Nelson DriveSpringvilleCA93265
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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 Springville at 1505 Nelson Drive, Springville, CA, 93265 generates $2,236/mo in rent and, after a $1,175/mo payment, leaves $751/mo in cash flow. Total monthly income is $2,236/mo, and annual cash flow is $9,012/yr on $79,560 invested. Return on cash invested sits at 31.24% in year one, and rental yield is 11.18% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 163.56% and total cumulative return in cash sums $130,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,236/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93265, Springville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,772 (100%) |
| Owner Occupied HU | 1,431 (51.6%) |
| Renter Occupied HU | 437 (15.8%) |
| Vacant Housing Units | 904 (32.6%) |
| Median Home Value | $395,276 |
| Average Home Value | $462,766 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,471
Multi-Family
42
Businesses
93
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Listed by: Hector J Godinez • Legacy Real Estate Inc
Mls Name: TCMLS
Mls Provider:
Mls ID: #231971
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.