230 E Palm RdFresnoTX77545
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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
Rental property for sale in Fresno at 230 E Palm Rd, Fresno, TX, 77545 generates $2,560/mo in rent, after a $2,290/mo payment. Total monthly income is $2,560/mo. Return on cash invested sits at 12.02% in year one, and rental yield is 6.57% on a $467,900 entry. Equity gained on principal adds $3,019/yr, while 5% annual appreciation builds toward $129,272 over five years. Five-year ROI reaches 62.47% and total cumulative return in cash sums $96,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,560/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77545, Fresno, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,803 (100%) |
| Owner Occupied HU | 7,686 (78.4%) |
| Renter Occupied HU | 1,591 (16.2%) |
| Vacant Housing Units | 526 ( 5.4%) |
| Median Home Value | $286,565 |
| Average Home Value | $323,831 |
Housing Distribution
Address Breakdown
Residential
9,079
Single Family
8,983
Multi-Family
96
Businesses
509
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Listed by: Patricia Munoz • Sierra Vista Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #69643490
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