1307 E Portals AveFresnoCA93710
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fresno at 1307 E Portals Ave, Fresno, CA, 93710 generates $2,509/mo in rent and, after a $1,828/mo payment, leaves $199/mo in cash flow. Total monthly income is $2,509/mo, and annual cash flow is $2,383/yr on $123,815 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 8.06% on a $373,500 entry. Equity gained on principal adds $2,410/yr, while 5% annual appreciation builds toward $103,191 over five years. Five-year ROI reaches 113.17% and total cumulative return in cash sums $140,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,509/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93710, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,891 (100%) |
| Owner Occupied HU | 4,885 (41.1%) |
| Renter Occupied HU | 6,465 (54.4%) |
| Vacant Housing Units | 541 ( 4.5%) |
| Median Home Value | $359,471 |
| Average Home Value | $372,267 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
9,324
Multi-Family
2,832
Businesses
1,497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lety Castaneda • Real Broker
Mls Name: Fresno MLS
Mls ID: #630106