23 E Strother AveFresnoCA93706
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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 23 E Strother Ave, Fresno, CA, 93706 offers a 14.26% rental yield on a $149,000 purchase with $1,770/mo rent. Total monthly income registers $1,770/mo, and a $729/mo payment leaves $849/mo available for distribution. Annual cash flow reaches $10,182/yr on $49,394 to close, and return on cash invested stands at 40.52% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 213.41% and total cumulative return in cash at $105,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,770/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93706, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 4,679 (39.3%) |
| Renter Occupied HU | 6,527 (54.9%) |
| Vacant Housing Units | 693 ( 5.8%) |
| Median Home Value | $305,216 |
| Average Home Value | $400,729 |
Housing Distribution
Address Breakdown
Residential
11,070
Single Family
10,550
Multi-Family
520
Businesses
1,006
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Listed by: Ana Paula Redditt • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #641593