317 W Sierra Ave APT 124FresnoCA93704
Nearby investment properties with comparable rents
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
Investment property for sale in Fresno at 317 W Sierra Ave APT 124, Fresno, CA, 93704 earns $670/mo cash flow from $2,358/mo rent with a $1,336/mo payment. Total monthly income totals $2,358/mo, and annual cash flow totals $8,034/yr on $90,466 capital. ROI tracks 28.79% on current figures, and rental yield reads 10.37% at a $272,900 purchase. Equity gained on principal adds $1,761/yr, and 5% annual appreciation supports $75,397 over five years. Five-year ROI reaches 150.49% and total cumulative return in cash sums $136,140. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,358/mo property income instead of your personal income.
Condo
Built in 1980
1,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93704, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 6,178 (51.8%) |
| Renter Occupied HU | 5,144 (43.2%) |
| Vacant Housing Units | 595 ( 5.0%) |
| Median Home Value | $445,508 |
| Average Home Value | $504,721 |
Housing Distribution
Address Breakdown
Residential
11,423
Single Family
9,346
Multi-Family
2,077
Businesses
715
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Listed by: Sanjuana E. Saldana • Rise Realty
Mls Name: Fresno MLS
Mls ID: #638412