1859 N McKelvey AveFresnoCA93727
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1859 N McKelvey Ave, Fresno, CA, 93727 offers $2,874/mo rent that, after a $2,433/mo payment. Total monthly income is $2,874/mo. Return on cash invested measures 18.45% in year one, and rental yield stands at 6.94% at a $496,990 entry. Equity gained on principal adds $3,207/yr while 5% annual appreciation compounds into $137,309 by year five. Five-year ROI records 95.01% and total cumulative return in cash reaches $156,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,874/mo property income versus a $2,433/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,647 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93727, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,610 (100%) |
| Owner Occupied HU | 17,231 (58.2%) |
| Renter Occupied HU | 11,297 (38.2%) |
| Vacant Housing Units | 1,082 ( 3.7%) |
| Median Home Value | $421,096 |
| Average Home Value | $470,917 |
Housing Distribution
Address Breakdown
Residential
27,528
Single Family
23,870
Multi-Family
3,658
Businesses
1,671
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Listed by: Ryan Pottorff • Wilson Homes, Inc
Mls Name: Fresno MLS
Mls ID: #629861