2273 Eldridge AvenueTulareCA93274
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 Tulare at 2273 Eldridge Avenue, Tulare, CA, 93274 uses $142,512 cash to close to unlock $21,133/yr annual cash flow and $1,761/mo monthly cash flow. Total monthly income runs $4,544/mo, and a $2,104/mo payment keeps the spread at $1,761/mo. Purchase price stands at $429,900, and rental yield measures 12.68% with $4,544/mo rent. Return on cash invested shows 34.74% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 182.76% and total cumulative return in cash records $260,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,544/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 2018
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93274, Tulare, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 14,897 (57.6%) |
| Renter Occupied HU | 9,895 (38.2%) |
| Vacant Housing Units | 1,081 ( 4.2%) |
| Median Home Value | $359,520 |
| Average Home Value | $395,082 |
Housing Distribution
Address Breakdown
Residential
24,756
Single Family
24,049
Multi-Family
707
Businesses
1,433
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Listed by: Antonia Nunez • Legacy Real Estate Inc
Mls Name: TCMLS
Mls Provider:
Mls ID: #234929
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. 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.