269 S Evans RoadTiptonCA93272
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 269 S Evans Road, Tipton, CA, 93272 in Tipton: $1,667/mo in rent, $677/mo net, 12.5% gross yield, all on a $160,000 acquisition. The 2.32 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $44,205 in value, and $1,474/yr in principal paydown steadily builds equity. Projected total cumulative return: $104,308.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 7.0% |
| Monthly Cash Flow | $677 | $1,200 |
City averages based on Tipton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,667 |
| Total Monthly Debt Service | $926 |
| DSCR Ratio | 1.80x |
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 1958
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93272, Tipton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 396 (40.2%) |
| Renter Occupied HU | 554 (56.3%) |
| Vacant Housing Units | 34 ( 3.5%) |
| Median Home Value | $343,590 |
| Average Home Value | $736,831 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
608
Multi-Family
52
Businesses
96
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 1958
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93272, Tipton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 396 (40.2%) |
| Renter Occupied HU | 554 (56.3%) |
| Vacant Housing Units | 34 ( 3.5%) |
| Median Home Value | $343,590 |
| Average Home Value | $736,831 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
608
Multi-Family
52
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dahlia Centeno • RE/MAX Success
Mls Name: TCMLS
Mls Provider:
Mls ID: #235209
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.