520 N Mirage AvenueLindsayCA93247
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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 Lindsay at 520 N Mirage Avenue, Lindsay, CA, 93247 with 5% annual appreciation on a $269,777 basis while $2,112/mo rent supports operations. Total monthly income totals $2,112/mo and a $1,320/mo payment preserves $444/mo for cash returns. Annual cash flow comes to $5,322/yr on $89,431 deployed, and return on cash invested reaches 25.86% in year one. Equity gained on principal adds $1,741/yr, and five-year appreciation sums $74,534 alongside rental yield of 9.39%. Five-year ROI measures 134.78% and total cumulative return in cash totals $120,531.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,112/mo property income versus a $1,320/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.27 Acres 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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Listed by: Margarita I Sanchez • Real Brokerage Technologies
Mls Name: TCMLS
Mls ID: #239220