32815 Riverside DriveSpringvilleCA93265
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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 Springville at 32815 Riverside Drive, Springville, CA, 93265 offers a 6.63% rental yield on a $619,000 purchase with $3,420/mo rent. 79% in year one. Equity gained on principal adds $3,994/yr while 5% annual appreciation supports $171,018 over five years. Portfolio math shows five-year ROI at 81.41% and total cumulative return in cash at $165,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,420/mo property income against a $3,030/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.27 Acres lot
$N/A/sqft
$315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93265, Springville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,772 (100%) |
| Owner Occupied HU | 1,431 (51.6%) |
| Renter Occupied HU | 437 (15.8%) |
| Vacant Housing Units | 904 (32.6%) |
| Median Home Value | $395,276 |
| Average Home Value | $462,766 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,471
Multi-Family
42
Businesses
93
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Nearby investment properties with comparable prices
Listed by: Kari L Acosta • Keller Williams Realty Tulare County
Mls Name: TCMLS
Mls Provider:
Mls ID: #235979
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.