980 E Joanne Ave. AvenuePixleyCA93256
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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 Pixley at 980 E Joanne Ave. Avenue, Pixley, CA, 93256 listed at $304,900 pairs $2,254/mo rent with a $1,492/mo payment to leave $368/mo cash flow. Total monthly income runs $2,254/mo, and annual cash flow reaches $4,418/yr on $101,074 cash to close. Return on cash invested measures 24.28% in year one, and rental yield registers 8.87% at a $304,900 basis. Equity gained on principal adds $1,967/yr, and annual property appreciation at 5% supports $84,238 by year five. Five-year ROI tracks 126.33% and total cumulative return in cash totals $127,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,254/mo property income relative to a $1,492/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Abel Valencia • Legacy Real Estate Inc
Mls Name: TCMLS
Mls ID: #237207