2702 Modano CtFresnoTX77545
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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 Fresno at 2702 Modano Ct, Fresno, TX, 77545 uses $111,981 cash to close to unlock $3,627/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $2,752/mo, and a $1,653/mo payment keeps the spread at $302/mo. Purchase price stands at $337,800, and rental yield measures 9.78% with $2,752/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $93,328 over five years. Five-year ROI reaches 121.63% and total cumulative return in cash records $136,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,752/mo property income covering a $1,653/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.28 Acres lot
$N/A/sqft
$48 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77545, Fresno, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,079
Single Family
8,983
Multi-Family
96
Businesses
509
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