370 W Spruce AvePinedaleCA93650
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 Pinedale at 370 W Spruce Ave, Pinedale, CA, 93650 at $289,777 posts ROI 30.1% with $816/mo cash flow from $2,608/mo rent. Total monthly income equals $2,608/mo, and annual cash flow records $9,789/yr on $96,061 to close. Return on cash invested measures 30.1% and rental yield reads 10.8% at the current $289,777. Equity gained on principal adds $1,870/yr, and 5% annual appreciation supports $80,060 by year five. Five-year ROI prints 157.49% and total cumulative return in cash totals $151,290.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,608/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93650, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 308 (24.4%) |
| Renter Occupied HU | 893 (70.9%) |
| Vacant Housing Units | 59 ( 4.7%) |
| Median Home Value | $405,882 |
| Average Home Value | $478,028 |
Housing Distribution
Address Breakdown
Residential
1,457
Single Family
1,299
Multi-Family
158
Businesses
297
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Listed by: Kamalpreet K. Wade • Real Broker
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #624029
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.