1300 W Olson Ave SPC 52ReedleyCA93654
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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 Reedley at 1300 W Olson Ave SPC 52, Reedley, CA, 93654 uses $33,150 cash to close to unlock $2,158/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $798/mo, and a $489/mo payment keeps the spread at $180/mo. Purchase price stands at $100,000, and rental yield measures 9.58% with $798/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash records $45,676. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $798/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
N/A 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: Alfonso Huerta • EXIT Realty Consultants
Mls Name: Fresno MLS
Mls ID: #626760