940 E Lyndale DriveTulareCA93274
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 940 E Lyndale Drive, Tulare, CA, 93274 priced at $339,950 pairs $2,642/mo rent with $539/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,642/mo, and annual cash flow comes to $6,467/yr on $112,693 invested. Return on cash invested is 25.65% in year one, and rental yield stands at 9.33% on a $339,950 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,922 by year five. Five-year ROI measures 133.6% and total cumulative return in cash reaches $150,555. For financing, Ziffy Mortgage’s DSCR program evaluates $2,642/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
7,875 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: Jamie Gallegos • All State Homes Inc
Mls Name: TCMLS
Mls ID: #234979