350 S Argyle Ave APT 104FresnoCA93727
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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 350 S Argyle Ave APT 104, Fresno, CA, 93727 generates $1,269/mo in rent and, after a $783/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,269/mo, and annual cash flow is $3,354/yr on $53,007 invested. Return on cash invested sits at 26.24% in year one, and rental yield is 9.52% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 136.79% and total cumulative return in cash sums $72,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,269/mo property income rather than buyer’s personal income.
Condo
Built in 1975
1,698 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93727, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,610 (100%) |
| Owner Occupied HU | 17,231 (58.2%) |
| Renter Occupied HU | 11,297 (38.2%) |
| Vacant Housing Units | 1,082 ( 3.7%) |
| Median Home Value | $421,096 |
| Average Home Value | $470,917 |
Housing Distribution
Address Breakdown
Residential
27,528
Single Family
23,870
Multi-Family
3,658
Businesses
1,671
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Listed by: Marcell Harris • Adequate Real Estate Service
Mls Name: Fresno MLS
Mls ID: #637730