2224 W Shields AveFresnoCA93705
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 Fresno at 2224 W Shields Ave, Fresno, CA, 93705 at $314,998 posts ROI 22.84% with $255/mo cash flow from $2,204/mo rent. Total monthly income equals $2,204/mo, and annual cash flow records $3,062/yr on $104,422 to close. Return on cash invested measures 22.84% and rental yield reads 8.4% at the current $314,998. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,028 by year five. Five-year ROI prints 118.6% and total cumulative return in cash totals $123,845.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,204/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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Listed by: Robin T. Sparks • Better Homes & Garden Real Est
Mls Name: Fresno MLS
Mls ID: #618669