2459 N Oaks Street #127TulareCA93274
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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
Investment property for sale in Tulare at 2459 N Oaks Street #127, Tulare, CA, 93274 offers a 9.35% rental yield on a $159,000 purchase with $1,239/mo rent. Total monthly income registers $1,239/mo, and a $778/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,067/yr on $52,709 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 134.07% and total cumulative return in cash at $70,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,239/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93274, Tulare, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 14,897 (57.6%) |
| Renter Occupied HU | 9,895 (38.2%) |
| Vacant Housing Units | 1,081 ( 4.2%) |
| Median Home Value | $359,520 |
| Average Home Value | $395,082 |
Housing Distribution
Address Breakdown
Residential
24,756
Single Family
24,049
Multi-Family
707
Businesses
1,433
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Listed by: Karen A Souza • Century 21 Jordan-Link & Co.
Mls Name: TCMLS
Mls ID: #237284