565 E Joanne AvenuePixleyCA93256
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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 Pixley at 565 E Joanne Avenue, Pixley, CA, 93256 offers $1,655/mo rent that, after a $1,307/mo payment, leaves $3/mo cash flow. Total monthly income is $1,655/mo, and annual cash flow is $37/yr on $88,511 cash. Return on cash invested measures 19.95% in year one, and rental yield stands at 7.44% at a $267,000 entry. Equity gained on principal adds $1,723/yr while 5% annual appreciation compounds into $73,767 by year five. Five-year ROI records 103.11% and total cumulative return in cash reaches $91,267. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,655/mo property income versus a $1,307/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1931
7,075 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93256, Pixley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 612 (39.8%) |
| Renter Occupied HU | 845 (54.9%) |
| Vacant Housing Units | 81 ( 5.3%) |
| Median Home Value | $240,385 |
| Average Home Value | $324,530 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,005
Multi-Family
95
Businesses
115
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Listed by: Jenny Lomeli • Do Buy Realty Group
Mls Name: TCMLS
Mls ID: #237073