2260 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 2260 Richard Ave, Sanger, CA, 93657 earns $303/mo cash flow from $2,158/mo rent with a $1,468/mo payment. Total monthly income totals $2,158/mo, and annual cash flow totals $3,630/yr on $99,450 capital. ROI tracks 23.56% on current figures, and rental yield reads 8.63% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash sums $121,764. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,158/mo property income instead of your personal income.
Single Family
Built in 1978
6,777 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: Gregory D. Cheney • Century 21 Cheney Enterprises
Mls Name: Fresno MLS
Mls ID: #627601