1117 W Friesen 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 1117 W Friesen Ave, Reedley, CA, 93654 priced at $450,000 pairs $4,046/mo rent with $1,262/mo cash flow after a $2,203/mo payment. Total monthly income equals $4,046/mo, and annual cash flow comes to $15,141/yr on $149,175 invested. Return on cash invested is 30.06% in year one, and rental yield stands at 10.79% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 157.27% and total cumulative return in cash reaches $234,606. For financing, Ziffy Mortgage’s DSCR program evaluates $4,046/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2000
7,501 sqft 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: Blanca Larios Flemate • Western Pioneer Properties
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #605519
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.