3206 Glenmont Ridge CtFresnoTX77545
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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 3206 Glenmont Ridge Ct, Fresno, TX, 77545 priced at $354,900 converts $3,500/mo rent into $924/mo cash flow after a $1,737/mo obligation. Total monthly income equals $3,500/mo, and annual cash flow totals $11,087/yr on $117,649 invested. Return on cash invested prints 29.33% in year one, and rental yield reads 11.83% against a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation compiles into $98,052 by year five. Five-year ROI reaches 154.77% and total cumulative return in cash sums $182,080. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,500/mo property income covering a $1,737/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,673 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77545, Fresno, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,803 (100%) |
| Owner Occupied HU | 7,686 (78.4%) |
| Renter Occupied HU | 1,591 (16.2%) |
| Vacant Housing Units | 526 ( 5.4%) |
| Median Home Value | $286,565 |
| Average Home Value | $323,831 |
Housing Distribution
Address Breakdown
Residential
9,079
Single Family
8,983
Multi-Family
96
Businesses
509
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Listed by: Will Clark • Clark Realty
Mls Name: HAR
Mls Provider:
Mls ID: #9058148
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