1827 S Cain CourtVisaliaCA93292
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 1827 S Cain Court, Visalia, CA, 93292 uses $120,335 cash to close to unlock $7,489/yr annual cash flow and $624/mo monthly cash flow. Total monthly income runs $3,070/mo, and a $1,777/mo payment keeps the spread at $624/mo. Purchase price stands at $363,000, and rental yield measures 10.15% with $3,070/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $100,290 over five years. Five-year ROI reaches 136.97% and total cumulative return in cash records $164,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,070/mo property income covering a $1,777/mo payment rather than investor’s personal income.
Condo
Built in 1984
4,356 sqft lot
$N/A/sqft
$200 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francisco Torres • Keller Williams Realty Tulare County
Mls Name: TCMLS
Mls Provider:
Mls ID: #230523
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 15:18:34 PDT. 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.