1545 W Shields AveFresnoCA93705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1545 W Shields Ave, Fresno, CA, 93705 offers $2,514/mo rent that, after a $1,664/mo payment, leaves $411/mo cash flow. Total monthly income is $2,514/mo, and annual cash flow is $4,930/yr on $112,710 cash. Return on cash invested measures 24.28% in year one, and rental yield stands at 8.87% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 126.29% and total cumulative return in cash reaches $142,338. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Mejia • James Hendricks & Assoc. Inc
Mls Name: Fresno MLS
Mls ID: #627521