3396 Parks AvenueTulareCA93274
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
Investment property for sale in Tulare at 3396 Parks Avenue, Tulare, CA, 93274 at $438,900 posts ROI 20.7% with $96/mo cash flow from $2,986/mo rent. Total monthly income equals $2,986/mo, and annual cash flow records $1,156/yr on $145,495 to close. Return on cash invested measures 20.7% and rental yield reads 8.16% at the current $438,900. Equity gained on principal adds $2,832/yr, and 5% annual appreciation supports $121,260 by year five. Five-year ROI prints 107.65% and total cumulative return in cash totals $156,625.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,986/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
9,261 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93274, Tulare, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 14,897 (57.6%) |
| Renter Occupied HU | 9,895 (38.2%) |
| Vacant Housing Units | 1,081 ( 4.2%) |
| Median Home Value | $359,520 |
| Average Home Value | $395,082 |
Housing Distribution
Address Breakdown
Residential
24,756
Single Family
24,049
Multi-Family
707
Businesses
1,433
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Nearby investment properties with comparable prices
Listed by: Jared W Davis • Downtown Realty
Mls Name: TCMLS
Mls Provider:
Mls ID: #231763
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-01-08 15:46:42 PST. 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.