1366 Fig StSelmaCA93662
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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 Selma at 1366 Fig St, Selma, CA, 93662 offers $2,759/mo rent that, after a $1,654/mo payment, leaves $668/mo cash flow. Total monthly income is $2,759/mo, and annual cash flow is $8,021/yr on $112,047 cash. Return on cash invested measures 27.07% in year one, and rental yield stands at 9.8% at a $338,000 entry. Equity gained on principal adds $2,181/yr while 5% annual appreciation compounds into $93,383 by year five. Five-year ROI records 141.25% and total cumulative return in cash reaches $158,270. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,759/mo property income versus a $1,654/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,631 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93662, Selma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 4,965 (53.5%) |
| Renter Occupied HU | 3,990 (43.0%) |
| Vacant Housing Units | 318 ( 3.4%) |
| Median Home Value | $355,755 |
| Average Home Value | $401,435 |
Housing Distribution
Address Breakdown
Residential
8,992
Single Family
8,389
Multi-Family
603
Businesses
769
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Listed by: James A. Cappello • Redfin Corporation
Mls Name: Fresno MLS
Mls ID: #623267