2516 S Memory StreetVisaliaCA93277
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 2516 S Memory Street, Visalia, CA, 93277 listed at $300,000 pairs $2,364/mo rent with a $1,468/mo payment to leave $509/mo cash flow. Total monthly income runs $2,364/mo, and annual cash flow reaches $6,102/yr on $99,450 cash to close. Return on cash invested measures 26.04% in year one, and rental yield registers 9.46% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 135.76% and total cumulative return in cash totals $135,012. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,364/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
6,570 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cesar Gomez Gonzalez • Century 21 Jordan-Link & Company
Mls Name: TCMLS
Mls ID: #239140