429 N Division StreetPortervilleCA93257
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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 Porterville at 429 N Division Street, Porterville, CA, 93257 earns $205/mo cash flow from $1,876/mo rent with a $1,322/mo payment. Total monthly income totals $1,876/mo, and annual cash flow totals $2,463/yr on $89,505 capital. ROI tracks 22.66% on current figures, and rental yield reads 8.34% at a $269,999 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 117.65% and total cumulative return in cash sums $105,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,876/mo property income instead of your personal income.
Single Family
Built in 1917
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93257, Porterville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,215 (100%) |
| Owner Occupied HU | 13,456 (53.4%) |
| Renter Occupied HU | 10,551 (41.8%) |
| Vacant Housing Units | 1,208 ( 4.8%) |
| Median Home Value | $315,910 |
| Average Home Value | $353,818 |
Housing Distribution
Address Breakdown
Residential
23,579
Single Family
22,435
Multi-Family
1,144
Businesses
1,380
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Listed by: Yalimar A Garcia • Downtown Realty
Mls Name: TCMLS
Mls ID: #236993