820 N Floral StreetVisaliaCA93291
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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 Visalia at 820 N Floral Street, Visalia, CA, 93291 priced at $294,000 pairs $2,564/mo rent with $745/mo cash flow after a $1,439/mo payment. Total monthly income equals $2,564/mo, and annual cash flow comes to $8,943/yr on $97,461 invested. Return on cash invested is 29.08% in year one, and rental yield stands at 10.47% on a $294,000 basis. Equity gained on principal adds $1,897/yr, and 5% annual appreciation accumulates to $81,227 by year five. Five-year ROI measures 152.09% and total cumulative return in cash reaches $148,224. For financing, Ziffy Mortgage’s DSCR program evaluates $2,564/mo property income against a $1,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
2,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93291, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,411 (100%) |
| Owner Occupied HU | 13,215 (61.7%) |
| Renter Occupied HU | 7,270 (34.0%) |
| Vacant Housing Units | 926 ( 4.3%) |
| Median Home Value | $408,484 |
| Average Home Value | $451,368 |
Housing Distribution
Address Breakdown
Residential
20,832
Single Family
20,057
Multi-Family
775
Businesses
1,752
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Listed by: Megan R Rhea • RE/MAX Success
Mls Name: TCMLS
Mls ID: #237902