23496 E Lincoln 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 23496 E Lincoln Avenue, Reedley, CA, 93654 with 5% annual appreciation on a $1,445,860 basis while $2,387/mo rent supports operations. 57% in year one. Equity gained on principal adds $9,330/yr, and five-year appreciation sums $399,464 alongside rental yield of 1.98%. Five-year ROI measures 15.14% and total cumulative return in cash totals $70,913. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,387/mo property income versus a $7,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
55.61 Acres 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: Stephen M Schuil • Schuil Ag Real Estate
Mls Name: TCMLS
Mls Provider:
Mls ID: #227719
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-01-09 05:48:39 PST. 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.