1708 W Andrews 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
Investment property for sale in Fresno at 1708 W Andrews Ave, Fresno, CA, 93705 uses $129,119 cash to close to unlock $3,923/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $2,736/mo, and a $1,906/mo payment keeps the spread at $327/mo. Purchase price stands at $389,500, and rental yield measures 8.43% with $2,736/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $107,612 over five years. Five-year ROI reaches 119.12% and total cumulative return in cash records $153,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,736/mo property income covering a $1,906/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,313 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: Debra Rose Myers • Century 21 Jordan-Link & Compa
Mls Name: Fresno MLS
Mls ID: #642631