266 E Linden AvenueReedleyCA93654
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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 Reedley at 266 E Linden Avenue, Reedley, CA, 93654 offers a 7.5% rental yield on a $315,000 purchase with $1,970/mo rent. Total monthly income registers $1,970/mo, and a $1,542/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $253/yr on $104,423 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 104.18% and total cumulative return in cash at $108,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93654, Reedley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,520 (100%) |
| Owner Occupied HU | 5,536 (58.2%) |
| Renter Occupied HU | 3,578 (37.6%) |
| Vacant Housing Units | 406 ( 4.3%) |
| Median Home Value | $382,117 |
| Average Home Value | $420,477 |
Housing Distribution
Address Breakdown
Residential
9,204
Single Family
8,321
Multi-Family
883
Businesses
853
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Listed by: Carlos Salazar • Harness Realty
Mls Name: TCMLS
Mls ID: #239514