1708 Cherry AveSangerCA93657
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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 Sanger at 1708 Cherry Ave, Sanger, CA, 93657 generates $1,806/mo in rent and, after a $1,224/mo payment, leaves $259/mo in cash flow. Total monthly income is $1,806/mo, and annual cash flow is $3,109/yr on $82,875 invested. Return on cash invested sits at 23.66% in year one, and rental yield is 8.67% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 123% and total cumulative return in cash sums $101,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,806/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93657, Sanger, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,200 (100%) |
| Owner Occupied HU | 7,538 (61.8%) |
| Renter Occupied HU | 4,023 (33.0%) |
| Vacant Housing Units | 639 ( 5.2%) |
| Median Home Value | $463,747 |
| Average Home Value | $505,875 |
Housing Distribution
Address Breakdown
Residential
11,436
Single Family
10,968
Multi-Family
468
Businesses
744
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Listed by: Edward R. Silva • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #635033