1542 E Alluvial Ave UNIT 153FresnoCA93720
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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 1542 E Alluvial Ave UNIT 153, Fresno, CA, 93720 listed at $290,000 pairs $2,196/mo rent with a $1,419/mo payment to leave $111/mo cash flow. Total monthly income runs $2,196/mo, and annual cash flow reaches $1,337/yr on $96,135 cash to close. Return on cash invested measures 21.3% in year one, and rental yield registers 9.09% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 111.63% and total cumulative return in cash totals $107,320. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,196/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
1,125 sqft lot
$N/A/sqft
$291 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
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Listed by: Matthew Rommereim • The Apex Broker, Inc
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #623194
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.