2447 N Michael StreetVisaliaCA93292
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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 2447 N Michael Street, Visalia, CA, 93292 priced at $314,900 pairs $2,316/mo rent with $368/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,316/mo, and annual cash flow comes to $4,419/yr on $104,389 invested. Return on cash invested is 24.14% in year one, and rental yield stands at 8.83% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 125.57% and total cumulative return in cash reaches $131,086. For financing, Ziffy Mortgage’s DSCR program evaluates $2,316/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
5,600 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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Listed by: Theodore L Jeske • Pimentel Realty Group
Mls Name: TCMLS
Mls ID: #238078