1963 E August AvenueReedleyCA93654
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 Reedley at 1963 E August Avenue, Reedley, CA, 93654 at $441,990 posts ROI 37.73% with $2,176/mo cash flow from $4,910/mo rent. Total monthly income equals $4,910/mo, and annual cash flow records $26,113/yr on $146,520 to close. Return on cash invested measures 37.73% and rental yield reads 13.33% at the current $441,990. Equity gained on principal adds $2,852/yr, and 5% annual appreciation supports $122,114 by year five. Five-year ROI prints 198.44% and total cumulative return in cash totals $290,747.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,910/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93654, Reedley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,520 (100%) |
| Owner Occupied HU | 5,536 (58.2%) |
| Renter Occupied HU | 3,578 (37.6%) |
| Vacant Housing Units | 406 ( 4.3%) |
| Median Home Value | $382,117 |
| Average Home Value | $420,477 |
Housing Distribution
Address Breakdown
Residential
9,204
Single Family
8,321
Multi-Family
883
Businesses
853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph M Gendron • BMC Realty Advisors
Mls Name: TCMLS
Mls Provider:
Mls ID: #229878
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-15 13:52:54 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.