1055 E Dinuba AveReedleyCA93654
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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 Reedley at 1055 E Dinuba Ave, Reedley, CA, 93654 generates $1,459/mo in rent, after a $3,817/mo payment. Total monthly income is $1,459/mo. Return on cash invested sits at 4.32% in year one, and rental yield is 2.24% on a $779,900 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation builds toward $215,472 over five years. Five-year ROI reaches 19.22% and total cumulative return in cash sums $49,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,459/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93654, Reedley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,520 (100%) |
| Owner Occupied HU | 5,536 (58.2%) |
| Renter Occupied HU | 3,578 (37.6%) |
| Vacant Housing Units | 406 ( 4.3%) |
| Median Home Value | $382,117 |
| Average Home Value | $420,477 |
Housing Distribution
Address Breakdown
Residential
9,204
Single Family
8,321
Multi-Family
883
Businesses
853
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Listed by: Jace Merlo • James Merlo, Broker
Mls Name: Fresno MLS
Mls ID: #641226