502 N Murry StreetPortervilleCA93257
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
Investment property for sale in Porterville at 502 N Murry Street, Porterville, CA, 93257 at $240,000 posts ROI 23.82% with $259/mo cash flow from $1,964/mo rent. Total monthly income equals $1,964/mo, and annual cash flow records $3,108/yr on $79,560 to close. Return on cash invested measures 23.82% and rental yield reads 9.82% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 125% and total cumulative return in cash totals $99,446.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,964/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1984
888 sqft lot
$N/A/sqft
$220 monthly 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: Itzanami Curiel • Legacy Real Estate Inc
Mls Name: TCMLS
Mls Provider:
Mls ID: #235282
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. 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.