2706 W Ashlan Ave #11FresnoCA93705
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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 Fresno at 2706 W Ashlan Ave #11, Fresno, CA, 93705 generates $867/mo in rent and, after a $553/mo payment, leaves $168/mo in cash flow. Total monthly income is $867/mo, and annual cash flow is $2,016/yr on $37,460 invested. Return on cash invested sits at 25.29% in year one, and rental yield is 9.21% on a $113,000 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation builds toward $31,220 over five years. Five-year ROI reaches 131.84% and total cumulative return in cash sums $49,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $867/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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Listed by: Charles McCready • Realty Concepts, Ltd. - Clovis
Mls Name: Fresno MLS
Mls ID: #632127