524 E Cypress AvenueVisaliaCA93292
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
Rental property for sale in Visalia at 524 E Cypress Avenue, Visalia, CA, 93292 priced at $364,900 converts $2,279/mo rent into $22/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,279/mo, and annual cash flow totals $260/yr on $120,964 invested. Return on cash invested prints 20.12% in year one, and rental yield reads 7.49% against a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,815 by year five. Five-year ROI reaches 103.99% and total cumulative return in cash sums $125,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,279/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1959
7,024 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93292, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,050 (100%) |
| Owner Occupied HU | 10,245 (63.8%) |
| Renter Occupied HU | 5,117 (31.9%) |
| Vacant Housing Units | 688 ( 4.3%) |
| Median Home Value | $376,237 |
| Average Home Value | $414,527 |
Housing Distribution
Address Breakdown
Residential
15,363
Single Family
15,211
Multi-Family
152
Businesses
807
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Listed by: Jessica Spellerberg • Wedgewood Homes Realty
Mls Name: TCMLS
Mls ID: #238907