922 E Oakridge AveVisaliaCA93292
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 Visalia at 922 E Oakridge Ave, Visalia, CA, 93292 generates $1,874/mo in rent and, after a $1,468/mo payment, leaves $19/mo in cash flow. Total monthly income is $1,874/mo, and annual cash flow is $224/yr on $99,417 invested. Return on cash invested sits at 20.13% in year one, and rental yield is 7.5% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 104.05% and total cumulative return in cash sums $103,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,874/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
1,833 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: Iliana Y. Ordonez • Legacy Real Estate, Inc
Mls Name: Kings County MLS
Mls ID: #233214