636 E Larry StreetFarmersvilleCA93223
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 Farmersville at 636 E Larry Street, Farmersville, CA, 93223 priced at $285,000 pairs $2,088/mo rent with $308/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,088/mo, and annual cash flow comes to $3,696/yr on $94,478 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 8.79% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 123.95% and total cumulative return in cash reaches $117,102. For financing, Ziffy Mortgage’s DSCR program evaluates $2,088/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93223, Farmersville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,816 (61.1%) |
| Renter Occupied HU | 1,064 (35.8%) |
| Vacant Housing Units | 92 ( 3.1%) |
| Median Home Value | $293,925 |
| Average Home Value | $383,918 |
Housing Distribution
Address Breakdown
Residential
2,756
Single Family
2,653
Multi-Family
103
Businesses
199
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Listed by: Carlos Quintero • American Discount Realty Services Inc
Mls Name: TCMLS
Mls Provider:
Mls ID: #236384
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.