916 E Myrtle AvenueVisaliaCA93292
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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
Investment property for sale in Visalia at 916 E Myrtle Avenue, Visalia, CA, 93292 earns $123/mo cash flow from $2,110/mo rent with a $1,556/mo payment. Total monthly income totals $2,110/mo, and annual cash flow totals $1,471/yr on $105,417 capital. ROI tracks 21.3% on current figures, and rental yield reads 7.96% at a $318,000 purchase. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,858 over five years. Five-year ROI reaches 110.41% and total cumulative return in cash sums $116,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,110/mo property income instead of your personal income.
Single Family
Built in 1951
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93292, Visalia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,050 (100%) |
| Owner Occupied HU | 10,245 (63.8%) |
| Renter Occupied HU | 5,117 (31.9%) |
| Vacant Housing Units | 688 ( 4.3%) |
| Median Home Value | $376,237 |
| Average Home Value | $414,527 |
Housing Distribution
Address Breakdown
Residential
15,363
Single Family
15,211
Multi-Family
152
Businesses
807
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Listed by: Gilbert C Requejo • ERA Valley Pro Realty
Mls Name: TCMLS
Mls Provider:
Mls ID: #232033
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-01-08 18:16:42 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.