3042 E Seeger 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
Rental property for sale in Visalia at 3042 E Seeger Avenue, Visalia, CA, 93292 priced at $429,000 pairs $4,202/mo rent with $1,357/mo cash flow after a $2,100/mo payment. Total monthly income equals $4,202/mo, and annual cash flow comes to $16,285/yr on $142,214 invested. Return on cash invested is 31.36% in year one, and rental yield stands at 11.75% on a $429,000 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,525 by year five. Five-year ROI measures 164.85% and total cumulative return in cash reaches $234,445. For financing, Ziffy Mortgage’s DSCR program evaluates $4,202/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
3,920 sqft lot
$N/A/sqft
$120 monthly 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: Stephanie K Orong • BHGRE Bloom Group
Mls Name: TCMLS
Mls Provider:
Mls ID: #229948
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 15:18:34 PDT. 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.