3746 W Mill Creek DriveVisaliaCA93291
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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
Investment property for sale in Visalia at 3746 W Mill Creek Drive, Visalia, CA, 93291 listed at $379,500 pairs $3,277/mo rent with a $1,857/mo payment to leave $680/mo cash flow. Total monthly income runs $3,277/mo, and annual cash flow reaches $8,158/yr on $125,804 cash to close. Return on cash invested measures 26.39% in year one, and rental yield registers 10.36% at a $379,500 basis. Equity gained on principal adds $2,449/yr, and annual property appreciation at 5% supports $104,849 by year five. Five-year ROI tracks 138.46% and total cumulative return in cash totals $174,192. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,277/mo property income relative to a $1,857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
2,178 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93291, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,411 (100%) |
| Owner Occupied HU | 13,215 (61.7%) |
| Renter Occupied HU | 7,270 (34.0%) |
| Vacant Housing Units | 926 ( 4.3%) |
| Median Home Value | $408,484 |
| Average Home Value | $451,368 |
Housing Distribution
Address Breakdown
Residential
20,832
Single Family
20,057
Multi-Family
775
Businesses
1,752
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Listed by: Connie D Kautz • Downtown Realty Luxury
Mls Name: TCMLS
Mls Provider:
Mls ID: #230294
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 14:48:02 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.