138 W Woodward AvenueFresnoCA93706
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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 138 W Woodward Avenue, Fresno, CA, 93706 uses $99,450 cash to close to unlock $8,301/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $2,800/mo, and a $1,468/mo payment keeps the spread at $692/mo. Purchase price stands at $300,000, and rental yield measures 11.2% with $2,800/mo rent. Return on cash invested shows 28.26% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 148.69% and total cumulative return in cash records $147,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,800/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1946
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93706, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 4,679 (39.3%) |
| Renter Occupied HU | 6,527 (54.9%) |
| Vacant Housing Units | 693 ( 5.8%) |
| Median Home Value | $305,216 |
| Average Home Value | $400,729 |
Housing Distribution
Address Breakdown
Residential
11,070
Single Family
10,550
Multi-Family
520
Businesses
1,006
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Listed by: Alexander Salazar • Re/Max Gold
Mls Name: TCMLS
Mls Provider:
Mls ID: #229485
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-15 17:53:51 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.