438 Cedar AvenueEarlimartCA93219
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingAt 1.68, 438 Cedar Avenue, Earlimart, CA, 93219 in Earlimart sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 6.94%. The 6.94% yield is backed by 5% annual appreciation projecting $74,043 in value gain, plus $2,468/yr in principal reduction. Total projected cumulative return: $125,120.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(142) | $400 |
City averages based on Earlimart market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,023 |
| Total Monthly Debt Service | $1,551 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Fernandez • Century 21 Jordan-Link/Porterville Morton 1055
Mls Name: TCMLS
Mls ID: #235091