221 W Herndon Ave SPACE 71FresnoCA93650
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow221 W Herndon Ave SPACE 71, Fresno, CA, 93650 in Fresno is a top-tier cash-flow asset. At $149,900 it produces $2,130/mo in rent and $1,203/mo in net monthly income, a 17.05% gross rental yield. The DSCR of 3.16 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $14,432. Five-year appreciation adds $41,415, driving a total cumulative return of $134,279.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.1% | 6.1% |
| Monthly Cash Flow | $1,203 | $420 |
City averages based on Fresno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,130 |
| Total Monthly Debt Service | $868 |
| DSCR Ratio | 2.45x |
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.
Manufactured
Built in 1970
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
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
Manufactured
Built in 1970
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Foster • Foster Realty
Mls Name: Fresno MLS
Mls ID: #634827