2424 W Fairview CourtVisaliaCA93277
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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
Rental property for sale in Visalia at 2424 W Fairview Court, Visalia, CA, 93277 offers $2,412/mo rent that, after a $1,992/mo payment. Total monthly income is $2,412/mo. Return on cash invested measures 18.97% in year one, and rental yield stands at 7.11% at a $407,000 entry. Equity gained on principal adds $2,626/yr while 5% annual appreciation compounds into $112,447 by year five. Five-year ROI records 97.81% and total cumulative return in cash reaches $131,970. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,412/mo property income versus a $1,992/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
10,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93277, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,981 (100%) |
| Owner Occupied HU | 11,153 (55.8%) |
| Renter Occupied HU | 7,913 (39.6%) |
| Vacant Housing Units | 915 ( 4.6%) |
| Median Home Value | $350,637 |
| Average Home Value | $381,065 |
Housing Distribution
Address Breakdown
Residential
19,507
Single Family
18,413
Multi-Family
1,094
Businesses
1,352
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Listed by: Erika B Robles • Keller Williams Realty - Kings County
Mls Name: TCMLS
Mls ID: #237604