1550 W Ashlan Ave APT 215FresnoCA93705
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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 215, Fresno, CA, 93705 listed at $124,000 pairs $2,053/mo rent with a $607/mo payment to leave $888/mo cash flow. Total monthly income runs $2,053/mo, and annual cash flow reaches $10,654/yr on $41,106 cash to close. Return on cash invested measures 45.83% in year one, and rental yield registers 19.87% at a $124,000 basis. Equity gained on principal adds $800/yr, and annual property appreciation at 5% supports $34,259 by year five. Five-year ROI tracks 246.04% and total cumulative return in cash totals $101,139. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,053/mo property income relative to a $607/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
649.04 sqft lot
$N/A/sqft
$398 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: Kim Dyer • RE/MAX Gold
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616486
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.