313 Balmoral DrivePortervilleCA93257
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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
Investment Highlights
Investment property for sale in Porterville at 313 Balmoral Drive, Porterville, CA, 93257 at $325,000 posts ROI 21.62% with $153/mo cash flow from $2,164/mo rent. Total monthly income equals $2,164/mo, and annual cash flow records $1,838/yr on $107,738 to close. Return on cash invested measures 21.62% and rental yield reads 7.99% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 112.02% and total cumulative return in cash totals $120,685.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,164/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
8,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93257, Porterville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,215 (100%) |
| Owner Occupied HU | 13,456 (53.4%) |
| Renter Occupied HU | 10,551 (41.8%) |
| Vacant Housing Units | 1,208 ( 4.8%) |
| Median Home Value | $315,910 |
| Average Home Value | $353,818 |
Housing Distribution
Address Breakdown
Residential
23,579
Single Family
22,435
Multi-Family
1,144
Businesses
1,380
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Listed by: Olga R Duran • RE/MAX Success
Mls Name: TCMLS
Mls ID: #237343