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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fresno at 2338 S Lotus Ave, Fresno, CA, 93706 priced at $210,000 pairs $1,662/mo rent with $276/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,662/mo, and annual cash flow comes to $3,318/yr on $69,615 invested. Return on cash invested is 24.67% in year one, and rental yield stands at 9.5% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 128.96% and total cumulative return in cash reaches $89,776. For financing, Ziffy Mortgage’s DSCR program evaluates $1,662/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
6,351 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 93706, Fresno, CA area.
| 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 |
Residential
11,070
Single Family
10,550
Multi-Family
520
Businesses
1,006
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $210,000 |
| 2023-01-23 | Sold | $200,000 |
| 2022-12-12 | Pending sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-05 | $2611.30 | 340.03% | $204,000 | 356.33% |
| 2023-04-05 | $593.44 | 1.31% | $44,704 | 2.00% |
| 2022-04-05 | $585.74 | 2.73% | $43,828 | 2.00% |
Listed by: Kathryn Hamlin • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #628050
