1151 S Chestnut Ave UNIT 176FresnoCA93702
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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 1151 S Chestnut Ave UNIT 176, Fresno, CA, 93702 offers a 15.05% rental yield on a $125,000 purchase with $1,568/mo rent. Total monthly income registers $1,568/mo, and a $612/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,658/yr on $41,438 to close, and return on cash invested stands at 33.56% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 179.5% and total cumulative return in cash at $74,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,568/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
696.96 sqft lot
$N/A/sqft
$323 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93702, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,030 (100%) |
| Owner Occupied HU | 4,499 (37.4%) |
| Renter Occupied HU | 7,090 (58.9%) |
| Vacant Housing Units | 441 ( 3.7%) |
| Median Home Value | $224,309 |
| Average Home Value | $293,419 |
Housing Distribution
Address Breakdown
Residential
12,337
Single Family
11,340
Multi-Family
997
Businesses
786
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Listed by: Rieber C. Hovde, III • London Properties, Ltd.
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #618461
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.