19669 Avenue 196StrathmoreCA93267
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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 Strathmore at 19669 Avenue 196, Strathmore, CA, 93267 listed at $203,000 pairs $2,453/mo rent with a $994/mo payment to leave $1,197/mo cash flow. Total monthly income runs $2,453/mo, and annual cash flow reaches $14,361/yr on $67,295 cash to close. Return on cash invested measures 41.25% in year one, and rental yield registers 14.5% at a $203,000 basis. Equity gained on principal adds $1,310/yr, and annual property appreciation at 5% supports $56,085 by year five. Five-year ROI tracks 217.3% and total cumulative return in cash totals $146,234. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,453/mo property income relative to a $994/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93267, Strathmore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,704 (100%) |
| Owner Occupied HU | 936 (54.9%) |
| Renter Occupied HU | 662 (38.8%) |
| Vacant Housing Units | 106 ( 6.2%) |
| Median Home Value | $291,818 |
| Average Home Value | $372,019 |
Housing Distribution
Address Breakdown
Residential
1,347
Single Family
1,307
Multi-Family
40
Businesses
94
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Listed by: Roy Contreras Mora • Legacy Real Estate Inc
Mls Name: TCMLS
Mls Provider:
Mls ID: #229246
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 13:47:47 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.