765 S Pratt StreetTulareCA93274
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 Tulare at 765 S Pratt Street, Tulare, CA, 93274 priced at $185,000 converts $1,475/mo rent into $331/mo cash flow after a $905/mo obligation. Total monthly income equals $1,475/mo, and annual cash flow totals $3,972/yr on $61,328 invested. Return on cash invested prints 26.39% in year one, and rental yield reads 9.57% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 137.66% and total cumulative return in cash sums $84,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,475/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1940
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hector J Godinez • Legacy Real Estate Inc
Mls Name: TCMLS
Mls ID: #236599