1616 N Delbert AveFresnoCA93722
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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
Rental property for sale in Fresno at 1616 N Delbert Ave, Fresno, CA, 93722 generates $4,100/mo in rent and, after a $3,010/mo payment, leaves $296/mo in cash flow. Total monthly income is $4,100/mo, and annual cash flow is $3,547/yr on $202,335 invested. Return on cash invested sits at 21.81% in year one, and rental yield is 8% on a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 113.02% and total cumulative return in cash sums $228,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,100/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93722, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,049 (100%) |
| Owner Occupied HU | 16,255 (58.0%) |
| Renter Occupied HU | 10,723 (38.2%) |
| Vacant Housing Units | 1,071 ( 3.8%) |
| Median Home Value | $390,334 |
| Average Home Value | $427,804 |
Housing Distribution
Address Breakdown
Residential
27,919
Single Family
25,848
Multi-Family
2,071
Businesses
1,694
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Listed by: Prabjot S. Joea • Rise Realty
Mls Name: Fresno MLS
Mls ID: #640896