2881 Huntington Boulevard UNIT 121FresnoCA93721
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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 2881 Huntington Boulevard UNIT 121, Fresno, CA, 93721 offers a 15.64% rental yield on a $185,000 purchase with $2,411/mo rent. Total monthly income registers $2,411/mo, and a $905/mo payment leaves $957/mo available for distribution. Annual cash flow reaches $11,484/yr on $61,328 to close, and return on cash invested stands at 38.64% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 205.54% and total cumulative return in cash at $126,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,411/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
871.20 sqft lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93721, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,348 (100%) |
| Owner Occupied HU | 219 ( 9.3%) |
| Renter Occupied HU | 1,982 (84.4%) |
| Vacant Housing Units | 147 ( 6.3%) |
| Median Home Value | $234,167 |
| Average Home Value | $444,256 |
Housing Distribution
Address Breakdown
Residential
2,227
Single Family
1,167
Multi-Family
1,060
Businesses
1,273
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Listed by: Scott Harness • Harness Realty
Mls Name: TCMLS
Mls Provider:
Mls ID: #230111
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-15 17:53:51 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.