1550 W Ashlan Ave APT 135FresnoCA93705
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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 1550 W Ashlan Ave APT 135, Fresno, CA, 93705 uses $46,377 cash to close to unlock $5,511/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $1,777/mo, and a $685/mo payment keeps the spread at $459/mo. Purchase price stands at $139,900, and rental yield measures 15.24% with $1,777/mo rent. Return on cash invested shows 31.79% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 170.88% and total cumulative return in cash records $79,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,777/mo property income covering a $685/mo payment rather than investor’s personal income.
Condo
Built in 1977
967.03 sqft lot
$N/A/sqft
$452 monthly 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: Gustavo Ruezga • Pepa Realty
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616787
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.