615 Catalina CirTulareCA93274
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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 Tulare at 615 Catalina Cir, Tulare, CA, 93274 with 5% annual appreciation on a $420,000 basis while $2,977/mo rent supports operations. Total monthly income totals $2,977/mo and a $2,056/mo payment preserves $379/mo for cash returns. Annual cash flow comes to $4,542/yr on $139,230 deployed, and return on cash invested reaches 23.17% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,038 alongside rental yield of 8.51%. Five-year ROI measures 120.34% and total cumulative return in cash totals $167,551.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,977/mo property income versus a $2,056/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
6,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93274, Tulare, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 14,897 (57.6%) |
| Renter Occupied HU | 9,895 (38.2%) |
| Vacant Housing Units | 1,081 ( 4.2%) |
| Median Home Value | $359,520 |
| Average Home Value | $395,082 |
Housing Distribution
Address Breakdown
Residential
24,756
Single Family
24,049
Multi-Family
707
Businesses
1,433
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Listed by: Noel Lopez • Nolo Real Estate and Mortgage Services
Mls Name: MetroList Services of CA
Mls ID: #225121690