1622 W Dakota 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 1622 W Dakota Ave, Fresno, CA, 93705 priced at $265,000 converts $2,274/mo rent into $635/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,274/mo, and annual cash flow totals $7,616/yr on $87,848 invested. Return on cash invested prints 28.58% in year one, and rental yield reads 10.3% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 149.34% and total cumulative return in cash sums $131,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,200 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: Lucy Sandoval Ledezma • Real Broker
Mls Name: Fresno MLS
Mls ID: #621471