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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 2602 Cardinal Elm St, Fresno, TX, 77545 offers $2,327/mo rent that, after a $1,346/mo payment, leaves $371/mo cash flow. Total monthly income is $2,327/mo, and annual cash flow is $4,457/yr on $91,163 cash. Return on cash invested measures 24.8% in year one, and rental yield stands at 10.15% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 130.29% and total cumulative return in cash reaches $118,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,327/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
5,231 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77545, Fresno, TX area.
| 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 |
Residential
9,079
Single Family
8,983
Multi-Family
96
Businesses
509
Date | Event | Price |
|---|---|---|
| 2025-03-11 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $2437.47 | 12.93% | $240,391 | 10.00% |
| 2023-03-12 | $2158.44 | -20.53% | $218,537 | 10.00% |
| 2022-03-12 | $2716.06 | -0.07% | $198,670 | 10.00% |
Listed by: Martin Seals • RA Brokers
Mls Name: HAR
Mls Provider:
Mls ID: #46136179
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