790 N Mirage AvenueLindsayCA93247
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 790 N Mirage Avenue, Lindsay, CA, 93247 in Lindsay: $2,094/mo in rent, $238/mo in net income, 8.38% gross yield, 1.55 DSCR, all at $300,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $82,884 in appreciation and $2,763/yr in principal paydown projects total cumulative return of $129,100.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.5% |
| Monthly Cash Flow | $238 | $200 |
City averages based on Lindsay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,094 |
| Total Monthly Debt Service | $1,736 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93247, Lindsay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 2,857 (54.0%) |
| Renter Occupied HU | 2,179 (41.2%) |
| Vacant Housing Units | 257 ( 4.9%) |
| Median Home Value | $293,443 |
| Average Home Value | $349,646 |
Housing Distribution
Address Breakdown
Residential
5,113
Single Family
4,835
Multi-Family
278
Businesses
374
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
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93247, Lindsay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 2,857 (54.0%) |
| Renter Occupied HU | 2,179 (41.2%) |
| Vacant Housing Units | 257 ( 4.9%) |
| Median Home Value | $293,443 |
| Average Home Value | $349,646 |
Housing Distribution
Address Breakdown
Residential
5,113
Single Family
4,835
Multi-Family
278
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Lara • Legacy Real Estate Inc
Mls Name: TCMLS
Mls ID: #239941