1929 Richard Ave #2029SSangerCA93657
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
Investment property for sale in Sanger at 1929 Richard Ave #2029S, Sanger, CA, 93657 offers a 10.06% rental yield on a $407,990 purchase with $3,420/mo rent. Total monthly income registers $3,420/mo, and a $1,997/mo payment leaves $851/mo available for distribution. Annual cash flow reaches $10,212/yr on $135,249 to close, and return on cash invested stands at 27.46% in year one. Equity gained on principal adds $2,633/yr while 5% annual appreciation supports $112,720 over five years. Portfolio math shows five-year ROI at 143.52% and total cumulative return in cash at $194,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,420/mo property income against a $1,997/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,000 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: #628827