1617 N Delno AveFresnoCA93705
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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 1617 N Delno Ave, Fresno, CA, 93705 priced at $325,000 converts $2,508/mo rent into $497/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,508/mo, and annual cash flow totals $5,966/yr on $107,738 invested. Return on cash invested prints 25.45% in year one, and rental yield reads 9.26% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 132.58% and total cumulative return in cash sums $142,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,508/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1949
6,721 sqft 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
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Listed by: Fabian D. Rodriguez • Fortuna Realty
Mls Name: Fresno MLS
Mls ID: #625004