3345 W Florence AvenueVisaliaCA93277
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
Investment Highlights
Rental property for sale in Visalia at 3345 W Florence Avenue, Visalia, CA, 93277 priced at $534,000 converts $5,954/mo rent into $2,530/mo cash flow after a $2,614/mo obligation. Total monthly income equals $5,954/mo, and annual cash flow totals $30,363/yr on $175,686 invested. Return on cash invested prints 37.34% in year one, and rental yield reads 13.38% against a $534,000 entry. Equity gained on principal adds $3,446/yr, while 5% annual appreciation compiles into $147,534 by year five. Five-year ROI reaches 196.6% and total cumulative return in cash sums $345,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,954/mo property income covering a $2,614/mo payment, not borrower’s personal income.
Single Family
Built in 2022
3,049 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93277, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,981 (100%) |
| Owner Occupied HU | 11,153 (55.8%) |
| Renter Occupied HU | 7,913 (39.6%) |
| Vacant Housing Units | 915 ( 4.6%) |
| Median Home Value | $350,637 |
| Average Home Value | $381,065 |
Housing Distribution
Address Breakdown
Residential
19,507
Single Family
18,413
Multi-Family
1,094
Businesses
1,352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Benson • Modern Broker
Mls Name: TCMLS
Mls Provider:
Mls ID: #229130
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 14:17:47 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.