438 Cedar AvenueEarlimartCA93219
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 Earlimart at 438 Cedar Avenue, Earlimart, CA, 93219 priced at $268,000 pairs $2,023/mo rent with $365/mo cash flow after a $1,312/mo payment. Total monthly income equals $2,023/mo, and annual cash flow comes to $4,378/yr on $88,842 invested. Return on cash invested is 24.84% in year one, and rental yield stands at 9.06% on a $268,000 basis. Equity gained on principal adds $1,729/yr, and 5% annual appreciation accumulates to $74,043 by year five. Five-year ROI measures 129.26% and total cumulative return in cash reaches $114,837. For financing, Ziffy Mortgage’s DSCR program evaluates $2,023/mo property income against a $1,312/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,024 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93219, Earlimart, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,506 (100%) |
| Owner Occupied HU | 1,174 (46.8%) |
| Renter Occupied HU | 1,213 (48.4%) |
| Vacant Housing Units | 119 ( 4.7%) |
| Median Home Value | $247,902 |
| Average Home Value | $327,477 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
653
Multi-Family
74
Businesses
64
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Listed by: Cindy Fernandez • Century 21 Jordan-Link/Porterville Morton 1055
Mls Name: TCMLS
Mls ID: #235091