1903 N Sunny LnReedleyCA93654
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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 Reedley at 1903 N Sunny Ln, Reedley, CA, 93654 uses $165,750 cash to close to unlock $7,610/yr annual cash flow and $634/mo monthly cash flow. Total monthly income runs $3,727/mo, and a $2,447/mo payment keeps the spread at $634/mo. Purchase price stands at $500,000, and rental yield measures 8.94% with $3,727/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash records $211,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,727/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1997
10,284 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93654, Reedley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,520 (100%) |
| Owner Occupied HU | 5,536 (58.2%) |
| Renter Occupied HU | 3,578 (37.6%) |
| Vacant Housing Units | 406 ( 4.3%) |
| Median Home Value | $382,117 |
| Average Home Value | $420,477 |
Housing Distribution
Address Breakdown
Residential
9,204
Single Family
8,321
Multi-Family
883
Businesses
853
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Listed by: Francisco A. Sandoval • Realty Concepts - Reedley
Mls Name: Fresno MLS
Mls ID: #642052