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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fresno at 3938 Norfolk Pine St, Fresno, TX, 77545 uses $91,494 cash to close to unlock $4,324/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $2,359/mo, and a $1,351/mo payment keeps the spread at $360/mo. Purchase price stands at $276,000, and rental yield measures 10.26% with $2,359/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $76,254 over five years. Five-year ROI reaches 129.6% and total cumulative return in cash records $118,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,359/mo property income covering a $1,351/mo payment rather than investor’s personal income.
Single Family
Built in 2001
5,572 sqft lot
$N/A/sqft
$430 annually HOA
Neighborhood data shown for ZIP Code: 77545, Fresno, TX area.
| 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 |
Residential
9,079
Single Family
8,983
Multi-Family
96
Businesses
509
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Listed for sale | $276,000 |
| 2024-12-04 | Pending sale | $276,000 |
| 2024-11-24 | Listed for sale | $276,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $255,919 | 0.36% |
| 2023-12-27 | $3896.67 | -1.53% | $255,001 | 8.64% |
| 2022-12-27 | $3957.08 | 19.90% | $234,730 | 25.38% |
Listed by: Julia Ye • Rent 2 Own Realty
Mls Name: HAR
Mls Provider:
Mls ID: #94479482
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
