2120 Richard AveSangerCA93657
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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 Sanger at 2120 Richard Ave, Sanger, CA, 93657 uses $119,009 cash to close to unlock $2,007/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $2,388/mo, and a $1,757/mo payment keeps the spread at $167/mo. Purchase price stands at $359,000, and rental yield measures 7.98% with $2,388/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 111.91% and total cumulative return in cash records $133,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,388/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,200 sqft lot
$N/A/sqft
No 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
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Listed by: Maria Villa • Universal Realty Services, Inc
Mls Name: Fresno MLS
Mls ID: #636901