2247 W Dakota Ave APT 101FresnoCA93705
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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 Fresno at 2247 W Dakota Ave APT 101, Fresno, CA, 93705 offers a 11.15% rental yield on a $193,000 purchase with $1,794/mo rent. Total monthly income registers $1,794/mo, and a $945/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,236/yr on $63,980 to close, and return on cash invested stands at 24.97% in year one. Equity gained on principal adds $1,245/yr while 5% annual appreciation supports $53,322 over five years. Portfolio math shows five-year ROI at 132.24% and total cumulative return in cash at $84,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $945/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
967.03 sqft lot
$N/A/sqft
$330 monthly 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: David Kidder • ERA Valley Wide Homes
Mls Name: Fresno MLS
Mls ID: #619898