105 W Herndon Ave SPACE 18PinedaleCA93650
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
Investment Highlights
Investment property for sale in Pinedale at 105 W Herndon Ave SPACE 18, Pinedale, CA, 93650 offers a 9.51% rental yield on a $147,500 purchase with $1,169/mo rent. Total monthly income registers $1,169/mo, and a $722/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,078/yr on $48,896 to close, and return on cash invested stands at 26.2% in year one. Equity gained on principal adds $952/yr while 5% annual appreciation supports $40,752 over five years. Portfolio math shows five-year ROI at 136.63% and total cumulative return in cash at $66,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,169/mo property income against a $722/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
N/A 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: Bertha A. Golston • Rod Aluisi Real Estate
Mls Name: Fresno MLS
Mls ID: #635472