23166 Rd 238LindsayCA93247
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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 Lindsay at 23166 Rd 238, Lindsay, CA, 93247 listed at $1,200,000 pairs $2,040/mo rent with a $5,873/mo payment. Total monthly income runs $2,040/mo. Return on cash invested measures 3.76% in year one, and rental yield registers 2.04% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 16.11% and total cumulative return in cash totals $62,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93247, Lindsay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 2,857 (54.0%) |
| Renter Occupied HU | 2,179 (41.2%) |
| Vacant Housing Units | 257 ( 4.9%) |
| Median Home Value | $293,443 |
| Average Home Value | $349,646 |
Housing Distribution
Address Breakdown
Residential
5,113
Single Family
4,835
Multi-Family
278
Businesses
374
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Listed by: Cassie L Hulsey • Avedian Properties
Mls Name: TCMLS
Mls ID: #238082