South Fork DriveThree RiversCA93271
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSouth Fork Drive, Three Rivers, CA, 93271 in Three Rivers is a top-tier cash-flow asset. At $199,000 it produces $3,256/mo in rent and $2,025/mo in net monthly income, a 19.63% gross rental yield. The DSCR of 3.64 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $24,294. Five-year appreciation adds $54,980, driving a total cumulative return of $205,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.6% | 5.5% |
| Monthly Cash Flow | $2,025 | $300 |
City averages based on Three Rivers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,256 |
| Total Monthly Debt Service | $1,152 |
| DSCR Ratio | 2.83x |
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.
Lot
Built in N/A
49.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93271, Three Rivers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 758 (54.2%) |
| Renter Occupied HU | 237 (16.9%) |
| Vacant Housing Units | 404 (28.9%) |
| Median Home Value | $475,676 |
| Average Home Value | $545,851 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
776
Multi-Family
123
Businesses
160
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
Lot
Built in N/A
49.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93271, Three Rivers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 758 (54.2%) |
| Renter Occupied HU | 237 (16.9%) |
| Vacant Housing Units | 404 (28.9%) |
| Median Home Value | $475,676 |
| Average Home Value | $545,851 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
776
Multi-Family
123
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard L Smith • Sierra Real Estate
Mls Name: TCMLS
Mls Provider:
Mls ID: #222350
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 13:47:47 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.