303 5th StreetOrange CoveCA93646
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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
Rental property for sale in Orange Cove at 303 5th Street, Orange Cove, CA, 93646 generates $1,926/mo in rent and, after a $1,322/mo payment, leaves $255/mo in cash flow. Total monthly income is $1,926/mo, and annual cash flow is $3,063/yr on $89,505 invested. Return on cash invested sits at 23.33% in year one, and rental yield is 8.56% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 121.21% and total cumulative return in cash sums $108,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,926/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93646, Orange Cove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,824 (100%) |
| Owner Occupied HU | 1,201 (42.5%) |
| Renter Occupied HU | 1,524 (54.0%) |
| Vacant Housing Units | 99 ( 3.5%) |
| Median Home Value | $316,786 |
| Average Home Value | $348,256 |
Housing Distribution
Address Breakdown
Residential
2,733
Single Family
2,470
Multi-Family
263
Businesses
147
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Listed by: Jorge Jimenez Rodriguez • Downtown Realty Visalia
Mls Name: TCMLS
Mls ID: #237375