2982 N D StSelmaCA93662
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Nearby investment properties with comparable prices
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 Selma at 2982 N D St, Selma, CA, 93662 priced at $339,900 converts $2,220/mo rent into $117/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $1,404/yr on $112,677 invested. Return on cash invested prints 21.15% in year one, and rental yield reads 7.84% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 109.51% and total cumulative return in cash sums $123,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1954
5,828 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: Rajwinder Singh • Real Broker
Mls Name: Fresno MLS
Mls ID: #628749