221 W Herndon Ave SPACE 46PinedaleCA93650
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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
Rental property for sale in Pinedale at 221 W Herndon Ave SPACE 46, Pinedale, CA, 93650 generates $2,792/mo in rent and, after a $578/mo payment, leaves $2,032/mo in cash flow. Total monthly income is $2,792/mo, and annual cash flow is $24,383/yr on $39,117 invested. Return on cash invested sits at 82.24% in year one, and rental yield is 28.39% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 437.47% and total cumulative return in cash sums $171,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,792/mo property income rather than buyer’s personal income.
Manufactured
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93650, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 308 (24.4%) |
| Renter Occupied HU | 893 (70.9%) |
| Vacant Housing Units | 59 ( 4.7%) |
| Median Home Value | $405,882 |
| Average Home Value | $478,028 |
Housing Distribution
Address Breakdown
Residential
1,457
Single Family
1,299
Multi-Family
158
Businesses
297
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Listed by: Nora Hall • HomeSmart PV and Associates
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #614032
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.