61 N Sinarle PlacePortervilleCA93257
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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 Porterville at 61 N Sinarle Place, Porterville, CA, 93257 priced at $335,000 pairs $2,233/mo rent with $160/mo cash flow after a $1,640/mo payment. Total monthly income equals $2,233/mo, and annual cash flow comes to $1,923/yr on $111,053 invested. Return on cash invested is 21.64% in year one, and rental yield stands at 8% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 112.15% and total cumulative return in cash reaches $124,544. For financing, Ziffy Mortgage’s DSCR program evaluates $2,233/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
8,118 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93257, Porterville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,215 (100%) |
| Owner Occupied HU | 13,456 (53.4%) |
| Renter Occupied HU | 10,551 (41.8%) |
| Vacant Housing Units | 1,208 ( 4.8%) |
| Median Home Value | $315,910 |
| Average Home Value | $353,818 |
Housing Distribution
Address Breakdown
Residential
23,579
Single Family
22,435
Multi-Family
1,144
Businesses
1,380
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Listed by: Sandra E Little • Avedian Properties Company
Mls Name: TCMLS
Mls ID: #237555