1550 W Ashlan Ave APT 241FresnoCA93705
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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 241, Fresno, CA, 93705 offers a 9.64% rental yield on a $144,000 purchase with $1,157/mo rent. 09% in year one. Equity gained on principal adds $929/yr while 5% annual appreciation supports $39,785 over five years. Portfolio math shows five-year ROI at 81.23% and total cumulative return in cash at $38,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,157/mo property income against a $705/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
649.04 sqft lot
$N/A/sqft
$425 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: Saengkham Bunsy • Iron Key Real Estate
Mls Name: Fresno MLS
Mls ID: #630342