660 E Chevy Chase DriveTulareCA93274
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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 Tulare at 660 E Chevy Chase Drive, Tulare, CA, 93274 offers $3,344/mo rent that, after a $5,379/mo payment. Total monthly income is $3,344/mo. Return on cash invested measures 8.73% in year one, and rental yield stands at 3.65% at a $1,099,000 entry. Equity gained on principal adds $7,092/yr while 5% annual appreciation compounds into $303,633 by year five. Five-year ROI records 42.78% and total cumulative return in cash reaches $152,346. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,344/mo property income versus a $5,379/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.66 Acres 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: Justina A Sousa • Sousa Realty
Mls Name: TCMLS
Mls Provider:
Mls ID: #233880
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.