15061 Ave 288VisaliaCA93292
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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 15061 Ave 288, Visalia, CA, 93292 generates $1,730/mo in rent, after a $3,372/mo payment. Total monthly income is $1,730/mo. Return on cash invested sits at 6.66% in year one, and rental yield is 3.01% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 31.75% and total cumulative return in cash sums $71,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,730/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
4.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93292, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,050 (100%) |
| Owner Occupied HU | 10,245 (63.8%) |
| Renter Occupied HU | 5,117 (31.9%) |
| Vacant Housing Units | 688 ( 4.3%) |
| Median Home Value | $376,237 |
| Average Home Value | $414,527 |
Housing Distribution
Address Breakdown
Residential
15,363
Single Family
15,211
Multi-Family
152
Businesses
807
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Listed by: Lynn Trice • Melson Realty, Inc.
Mls Name: TCMLS
Mls ID: #236841