520 E Hickory StLindsayCA93247
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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
Rental property for sale in Lindsay at 520 E Hickory St, Lindsay, CA, 93247 offers $2,238/mo rent that, after a $1,511/mo payment, leaves $328/mo cash flow. Total monthly income is $2,238/mo, and annual cash flow is $3,938/yr on $102,367 cash. Return on cash invested measures 23.76% in year one, and rental yield stands at 8.7% at a $308,800 entry. Equity gained on principal adds $1,993/yr while 5% annual appreciation compounds into $85,316 by year five. Five-year ROI records 123.49% and total cumulative return in cash reaches $126,411. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,238/mo property income versus a $1,511/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93247, Lindsay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 2,857 (54.0%) |
| Renter Occupied HU | 2,179 (41.2%) |
| Vacant Housing Units | 257 ( 4.9%) |
| Median Home Value | $293,443 |
| Average Home Value | $349,646 |
Housing Distribution
Address Breakdown
Residential
5,113
Single Family
4,835
Multi-Family
278
Businesses
374
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