261 Fairbanks AveSangerCA93657
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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 Sanger at 261 Fairbanks Ave, Sanger, CA, 93657 priced at $405,000 pairs $2,645/mo rent with $140/mo cash flow after a $1,982/mo payment. Total monthly income equals $2,645/mo, and annual cash flow comes to $1,678/yr on $134,258 invested. Return on cash invested is 21.16% in year one, and rental yield stands at 7.84% on a $405,000 basis. Equity gained on principal adds $2,613/yr, and 5% annual appreciation accumulates to $111,894 by year five. Five-year ROI measures 109.54% and total cumulative return in cash reaches $147,062. For financing, Ziffy Mortgage’s DSCR program evaluates $2,645/mo property income against a $1,982/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
8,470 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93657, Sanger, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,200 (100%) |
| Owner Occupied HU | 7,538 (61.8%) |
| Renter Occupied HU | 4,023 (33.0%) |
| Vacant Housing Units | 639 ( 5.2%) |
| Median Home Value | $463,747 |
| Average Home Value | $505,875 |
Housing Distribution
Address Breakdown
Residential
11,436
Single Family
10,968
Multi-Family
468
Businesses
744
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Listed by: Gregory D. Cheney • Century 21 Cheney Enterprises
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #619230
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.