387 E Sycamore AveReedleyCA93654
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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
Investment property for sale in Reedley at 387 E Sycamore Ave, Reedley, CA, 93654 uses $114,368 cash to close to unlock $2,512/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $2,344/mo, and a $1,689/mo payment keeps the spread at $209/mo. Purchase price stands at $345,000, and rental yield measures 8.15% with $2,344/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 114.64% and total cumulative return in cash records $131,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,344/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6,655 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93654, Reedley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,520 (100%) |
| Owner Occupied HU | 5,536 (58.2%) |
| Renter Occupied HU | 3,578 (37.6%) |
| Vacant Housing Units | 406 ( 4.3%) |
| Median Home Value | $382,117 |
| Average Home Value | $420,477 |
Housing Distribution
Address Breakdown
Residential
9,204
Single Family
8,321
Multi-Family
883
Businesses
853
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Listed by: Robert Jimenez • Newton & Sons Real Estate
Mls Name: Fresno MLS
Mls ID: #625131