2534 N Vagedes AveFresnoCA93705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2534 N Vagedes Ave, Fresno, CA, 93705 priced at $429,000 converts $2,073/mo rent into after a $2,100/mo obligation. Total monthly income equals $2,073/mo. Return on cash invested prints 14.06% in year one, and rental yield reads 5.8% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 71.86% and total cumulative return in cash sums $102,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,073/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 1949
7,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Genevieve Hinojos-Spalding • Cornerstone Real Estate Group
Mls Name: Fresno MLS
Mls ID: #628279