2997 W Wellington LnFresnoCA93711
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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 2997 W Wellington Ln, Fresno, CA, 93711 offers $4,121/mo rent that, after a $1,955/mo payment, leaves $955/mo cash flow. Total monthly income is $4,121/mo, and annual cash flow is $11,455/yr on $132,434 cash. Return on cash invested measures 28.56% in year one, and rental yield stands at 12.38% at a $399,500 entry. Equity gained on principal adds $2,578/yr while 5% annual appreciation compounds into $110,374 by year five. Five-year ROI records 151.51% and total cumulative return in cash reaches $200,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,121/mo property income versus a $1,955/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5,643 sqft lot
$N/A/sqft
$510 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93711, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 9,772 (57.8%) |
| Renter Occupied HU | 6,306 (37.3%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $520,990 |
| Average Home Value | $615,842 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
14,259
Multi-Family
2,221
Businesses
1,792
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Listed by: Robert Boyajian • Robert E. Boyajian Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #609139
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.