37070 Sierra DriveLemon CoveCA93244
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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
Total monthly income runs $2,233/mo, and a $3,426/mo payment. Purchase price stands at $699,900, and rental yield measures 3.83% with $2,233/mo rent. Return on cash invested shows 9.13% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 45% and total cumulative return in cash records $103,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,233/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93244, Lemon Cove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 88 (100%) |
| Owner Occupied HU | 64 (72.7%) |
| Renter Occupied HU | 22 (25.0%) |
| Vacant Housing Units | 2 ( 2.3%) |
| Median Home Value | $586,207 |
| Average Home Value | $611,133 |
Housing Distribution
Address Breakdown
Residential
9
Single Family
9
Multi-Family
0
Businesses
32
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Listed by: Adrian S Herrera • A. Herrera Real Estate
Mls Name: TCMLS
Mls Provider:
Mls ID: #234276
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-02-26 12:33:13 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.