2338 E Evergreen AvenueVisaliaCA93292
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 2338 E Evergreen Avenue, Visalia, CA, 93292 earns from $2,572/mo rent with a $2,114/mo payment. Total monthly income totals $2,572/mo. ROI tracks 19.07% on current figures, and rental yield reads 7.15% at a $431,900 purchase. Equity gained on principal adds $2,787/yr, and 5% annual appreciation supports $119,326 over five years. Five-year ROI reaches 98.37% and total cumulative return in cash sums $140,843. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,572/mo property income instead of your personal income.
Single Family
Built in 2003
9,583 sqft lot
$N/A/sqft
No 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
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Nearby investment properties with comparable prices
Listed by: Melissa R Sanchez • Real Brokerage Technologies
Mls Name: TCMLS
Mls ID: #236832