510 W Tule AvenueWoodlakeCA93286
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 510 W Tule Avenue, Woodlake, CA, 93286 in Woodlake hard to pass up. The 12.97% gross yield on a $649,900 purchase results in $7,025/mo in rent and $3,004/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.40). Annual cash flow of $36,053, five-year appreciation of $179,555, and $5,986/yr in equity build-up combine for a projected total cumulative return of $439,802.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 6.0% |
| Monthly Cash Flow | $3,004 | $300 |
City averages based on Woodlake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,025 |
| Total Monthly Debt Service | $3,762 |
| DSCR Ratio | 1.87x |
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 2023
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93286, Woodlake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 1,820 (54.7%) |
| Renter Occupied HU | 1,292 (38.8%) |
| Vacant Housing Units | 218 ( 6.5%) |
| Median Home Value | $358,596 |
| Average Home Value | $451,982 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
2,943
Multi-Family
197
Businesses
224
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 2023
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93286, Woodlake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 1,820 (54.7%) |
| Renter Occupied HU | 1,292 (38.8%) |
| Vacant Housing Units | 218 ( 6.5%) |
| Median Home Value | $358,596 |
| Average Home Value | $451,982 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
2,943
Multi-Family
197
Businesses
224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices