2627 N Almond StSelmaCA93662
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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
Investment property for sale in Selma at 2627 N Almond St, Selma, CA, 93662 uses $117,683 cash to close to unlock $6,041/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,738/mo payment keeps the spread at $503/mo. Purchase price stands at $355,000, and rental yield measures 9.13% with $2,700/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 130.39% and total cumulative return in cash records $153,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1993
6,943 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93662, Selma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 4,965 (53.5%) |
| Renter Occupied HU | 3,990 (43.0%) |
| Vacant Housing Units | 318 ( 3.4%) |
| Median Home Value | $355,755 |
| Average Home Value | $401,435 |
Housing Distribution
Address Breakdown
Residential
8,992
Single Family
8,389
Multi-Family
603
Businesses
769
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Listed by: Paul Gestic • Fresno Income Properties
Mls Name: Fresno MLS
Mls ID: #624145