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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 N 2nd St, Fresno, CA, 93703 generates $1,742/mo in rent, after a $1,953/mo payment. Total monthly income is $1,742/mo. Return on cash invested sits at 13.32% in year one, and rental yield is 5.24% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 67.5% and total cumulative return in cash sums $89,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,742/mo property income rather than buyer’s personal income.
Multi Family
Built in 1965
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 93703, Fresno, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 4,002 (36.5%) |
| Renter Occupied HU | 6,476 (59.0%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $269,598 |
| Average Home Value | $303,739 |
Residential
10,121
Single Family
8,867
Multi-Family
1,254
Businesses
952
Date | Event | Price |
|---|---|---|
| 2024-12-07 | Listed for sale | $399,000 |
| 1996-12-19 | Sold | $13,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-09 | N/A | N/A | $112,233 | 2.00% |
| 2023-01-09 | $1421.92 | 1.36% | $110,033 | 2.00% |
| 2022-01-09 | $1402.78 | 2.79% | $107,876 | 2.00% |
Listed by: Marielle Desrosiers • Iron Key Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #622331
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
