Carmel Plan, LaurelwoodPortervilleCA93257
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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
Rental property for sale in Porterville at Carmel Plan, Laurelwood, Porterville, CA, 93257 offers $2,993/mo rent that, after a $2,217/mo payment, leaves $191/mo cash flow. Total monthly income is $2,993/mo, and annual cash flow is $2,292/yr on $150,136 cash. Return on cash invested measures 21.44% in year one, and rental yield stands at 7.93% at a $452,900 entry. Equity gained on principal adds $2,922/yr while 5% annual appreciation compounds into $125,128 by year five. Five-year ROI records 111.05% and total cumulative return in cash reaches $166,732. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,993/mo property income versus a $2,217/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93257, Porterville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,215 (100%) |
| Owner Occupied HU | 13,456 (53.4%) |
| Renter Occupied HU | 10,551 (41.8%) |
| Vacant Housing Units | 1,208 ( 4.8%) |
| Median Home Value | $315,910 |
| Average Home Value | $353,818 |
Housing Distribution
Address Breakdown
Residential
23,579
Single Family
22,435
Multi-Family
1,144
Businesses
1,380
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Listed by: N/A • San Joaquin Valley Homes
Mls Name: San Joaquin Valley Homes
Mls ID: #N/A