1850 Sheridan St #3/4SelmaCA93662
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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 Selma at 1850 Sheridan St #3/4, Selma, CA, 93662 listed at $189,999 pairs $1,499/mo rent with a $930/mo payment to leave $324/mo cash flow. Total monthly income runs $1,499/mo, and annual cash flow reaches $3,883/yr on $62,985 cash to close. Return on cash invested measures 26.07% in year one, and rental yield registers 9.47% at a $189,999 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,493 by year five. Five-year ROI tracks 135.92% and total cumulative return in cash totals $85,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,499/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93662, Selma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 4,965 (53.5%) |
| Renter Occupied HU | 3,990 (43.0%) |
| Vacant Housing Units | 318 ( 3.4%) |
| Median Home Value | $355,755 |
| Average Home Value | $401,435 |
Housing Distribution
Address Breakdown
Residential
8,992
Single Family
8,389
Multi-Family
603
Businesses
769
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Listed by: Genesis E. Joya • Real Broker
Mls Name: Fresno MLS
Mls ID: #629271