673 Highway 190SpringvilleCA93265
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 Springville at 673 Highway 190, Springville, CA, 93265 priced at $349,000 converts $4,200/mo rent into $2,041/mo cash flow after a $1,708/mo obligation. Total monthly income equals $4,200/mo, and annual cash flow totals $24,494/yr on $115,694 invested. Return on cash invested prints 41.08% in year one, and rental yield reads 14.44% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 216.41% and total cumulative return in cash sums $250,368. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1000
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93265, Springville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,772 (100%) |
| Owner Occupied HU | 1,431 (51.6%) |
| Renter Occupied HU | 437 (15.8%) |
| Vacant Housing Units | 904 (32.6%) |
| Median Home Value | $395,276 |
| Average Home Value | $462,766 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,471
Multi-Family
42
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Morley • DS Realty
Mls Name: TCMLS
Mls Provider:
Mls ID: #230721
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-01-08 14:46:41 PST. 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.