605 E Tulare AvenueVisaliaCA93292
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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 Visalia at 605 E Tulare Avenue, Visalia, CA, 93292 offers $1,885/mo rent that, after a $1,395/mo payment, leaves $122/mo cash flow. Total monthly income is $1,885/mo, and annual cash flow is $1,462/yr on $94,478 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 7.94% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 111.13% and total cumulative return in cash reaches $104,994. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,885/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
4,080 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: Brittney E Baca • RE/MAX Success
Mls Name: TCMLS
Mls ID: #238056