253 N B StreetExeterCA93221
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.9% yield at 253 N B Street, Exeter, CA, 93221 in Exeter is solid, but the $1,371/mo payment compresses net cash flow to $85/mo at $305,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $84,266 by year five, and $2,809/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.47) without U.S. income documentation. Total projected return: $121,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $85 | $150 |
City averages based on Exeter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,009 |
| Total Monthly Debt Service | $1,802 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
4,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93221, Exeter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,429 (100%) |
| Owner Occupied HU | 3,321 (61.2%) |
| Renter Occupied HU | 1,787 (32.9%) |
| Vacant Housing Units | 321 ( 5.9%) |
| Median Home Value | $413,195 |
| Average Home Value | $474,015 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
4,917
Multi-Family
266
Businesses
511
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
Single Family
Built in 1946
4,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93221, Exeter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,429 (100%) |
| Owner Occupied HU | 3,321 (61.2%) |
| Renter Occupied HU | 1,787 (32.9%) |
| Vacant Housing Units | 321 ( 5.9%) |
| Median Home Value | $413,195 |
| Average Home Value | $474,015 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
4,917
Multi-Family
266
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikayla D Chaney • Real Brokerage Technologies
Mls Name: TCMLS
Mls Provider:
Mls ID: #237136
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. 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.