1704 E Babcock Drive EVisaliaCA93292
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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 Visalia at 1704 E Babcock Drive E, Visalia, CA, 93292 uses $96,135 cash to close to unlock $8,009/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $2,461/mo, and a $1,419/mo payment keeps the spread at $667/mo. Purchase price stands at $290,000, and rental yield measures 10.18% with $2,461/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 147.53% and total cumulative return in cash records $141,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,461/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1988
0.25 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: Elisa R Moran • RE/MAX Success
Mls Name: TCMLS
Mls ID: #237506