1503 W Andrews AveFresnoCA93705
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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 1503 W Andrews Ave, Fresno, CA, 93705 priced at $285,000 pairs $1,945/mo rent with $182/mo cash flow after a $1,395/mo payment. Total monthly income equals $1,945/mo, and annual cash flow comes to $2,182/yr on $94,478 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 8.19% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 115.22% and total cumulative return in cash reaches $108,858. For financing, Ziffy Mortgage’s DSCR program evaluates $1,945/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,196 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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Listed by: Delbert G. Santos • Vylla Home, Inc.
Mls Name: Fresno MLS
Mls ID: #623510