1049 W Minarets AveFresnoCA93650
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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 Fresno at 1049 W Minarets Ave, Fresno, CA, 93650 with 5% annual appreciation on a $425,000 basis while $2,587/mo rent supports operations. 27% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 7.3%. Five-year ROI measures 99.5% and total cumulative return in cash totals $140,189. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,587/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
6,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93650, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 308 (24.4%) |
| Renter Occupied HU | 893 (70.9%) |
| Vacant Housing Units | 59 ( 4.7%) |
| Median Home Value | $405,882 |
| Average Home Value | $478,028 |
Housing Distribution
Address Breakdown
Residential
1,457
Single Family
1,299
Multi-Family
158
Businesses
297
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Listed by: David A. Greenberg • Legacy Real Estate Group
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #623910
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.