717 W Date AvePortervilleCA93257
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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 717 W Date Ave, Porterville, CA, 93257 offers $1,307/mo rent that, after a $598/mo payment, leaves $517/mo cash flow. Total monthly income is $1,307/mo, and annual cash flow is $6,206/yr on $40,525 cash. Return on cash invested measures 35.22% in year one, and rental yield stands at 12.83% at a $122,247 entry. Equity gained on principal adds $789/yr while 5% annual appreciation compounds into $33,775 by year five. Five-year ROI records 185.44% and total cumulative return in cash reaches $75,149. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,307/mo property income versus a $598/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
1.31 Acres 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: N/A • N/A
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