1902 Richard Ave #2053SSangerCA93657
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Sanger rental at 1902 Richard Ave #2053S, Sanger, CA, 93657 sits in the solid-income band: 8.5% gross yield, $3,420/mo rent, $387/mo net after the $2,172/mo debt service, DSCR 1.57. Entry price of $482,990 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $133,441 and $4,448/yr in principal reduction bring total cumulative return to $208,293.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.5% |
| Monthly Cash Flow | $387 | $300 |
City averages based on Sanger market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,420 |
| Total Monthly Debt Service | $2,841 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
5,998 sqft lot
$N/A/sqft
$45 monthly 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
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
Single Family
Built in N/A
5,998 sqft lot
$N/A/sqft
$45 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel R. Garcia • D.R. Horton CA3, Inc.
Mls Name: Fresno MLS
Mls ID: #630144