980 E Joanne Ave. AvenuePixleyCA93256
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Pixley rental at 980 E Joanne Ave. Avenue, Pixley, CA, 93256 sits in the solid-income band: 8.87% gross yield, $2,254/mo rent, $367/mo net after the $1,371/mo debt service, DSCR 1.64. Entry price of $304,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $84,238 and $2,808/yr in principal reduction bring total cumulative return to $139,337.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.0% |
| Monthly Cash Flow | $367 | $800 |
City averages based on Pixley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,254 |
| Total Monthly Debt Service | $1,765 |
| DSCR Ratio | 1.28x |
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 1993
6,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93256, Pixley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 612 (39.8%) |
| Renter Occupied HU | 845 (54.9%) |
| Vacant Housing Units | 81 ( 5.3%) |
| Median Home Value | $240,385 |
| Average Home Value | $324,530 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,005
Multi-Family
95
Businesses
115
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 1993
6,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93256, Pixley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 612 (39.8%) |
| Renter Occupied HU | 845 (54.9%) |
| Vacant Housing Units | 81 ( 5.3%) |
| Median Home Value | $240,385 |
| Average Home Value | $324,530 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,005
Multi-Family
95
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abel Valencia • Legacy Real Estate Inc
Mls Name: TCMLS
Mls ID: #237207