2532 E Tulare AvenueVisaliaCA93292
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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 Visalia at 2532 E Tulare Avenue, Visalia, CA, 93292 offers a 7.96% rental yield on a $299,900 purchase with $1,990/mo rent. Total monthly income registers $1,990/mo, and a $1,468/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,616/yr on $99,417 to close, and return on cash invested stands at 21.53% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 111.57% and total cumulative return in cash at $110,920. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,990/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
1,742 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: Roxanne Servin • Modern Broker
Mls Name: TCMLS
Mls ID: #237561