1140 W Walter Ave UNIT 59FowlerCA93625
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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 Fowler at 1140 W Walter Ave UNIT 59, Fowler, CA, 93625 offers a 6.51% rental yield on a $299,000 purchase with $1,623/mo rent. 17% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 88.15% and total cumulative return in cash at $87,370. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,623/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
1,559 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93625, Fowler, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,962 (100%) |
| Owner Occupied HU | 1,787 (60.3%) |
| Renter Occupied HU | 1,041 (35.1%) |
| Vacant Housing Units | 134 ( 4.5%) |
| Median Home Value | $468,048 |
| Average Home Value | $551,849 |
Housing Distribution
Address Breakdown
Residential
2,795
Single Family
2,556
Multi-Family
239
Businesses
276
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Listed by: Robert Carrillo • Realty Concepts - Selma
Mls Name: Fresno MLS
Mls ID: #640448