2522 E Kelso AveFresnoCA93720
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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 2522 E Kelso Ave, Fresno, CA, 93720 priced at $489,000 converts $2,320/mo rent into after a $2,393/mo obligation. Total monthly income equals $2,320/mo. Return on cash invested prints 14.69% in year one, and rental yield reads 5.69% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 74.87% and total cumulative return in cash sums $121,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,320/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 2003
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
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Listed by: Caprice Parry • Iron Key Real Estate
Mls Name: Fresno MLS
Mls ID: #628823