144 E Mesa AvenueFresnoCA93710
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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 Fresno at 144 E Mesa Avenue, Fresno, CA, 93710 offers $2,486/mo rent that, after a $1,689/mo payment, leaves $351/mo cash flow. Total monthly income is $2,486/mo, and annual cash flow is $4,216/yr on $114,368 cash. Return on cash invested measures 23.6% in year one, and rental yield stands at 8.65% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 122.63% and total cumulative return in cash reaches $140,248. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,486/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,782 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
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Listed by: Erika B Robles • Keller Williams Realty - Kings County
Mls Name: TCMLS
Mls ID: #237504