505 W Khloe AvenuePortervilleCA93257
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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 505 W Khloe Avenue, Porterville, CA, 93257 with 5% annual appreciation on a $392,900 basis while $2,411/mo rent supports operations. 73% in year one. Equity gained on principal adds $2,535/yr, and five-year appreciation sums $108,551 alongside rental yield of 7.36%. Five-year ROI measures 101.89% and total cumulative return in cash totals $132,703. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,411/mo property income versus a $1,923/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
1,340 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: Irma B Carter • Melson Realty, Inc.
Mls Name: TCMLS
Mls ID: #238518