4860 E Lane Ave UNIT 238FresnoCA93727
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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 Fresno at 4860 E Lane Ave UNIT 238, Fresno, CA, 93727 offers a 10.81% rental yield on a $129,999 purchase with $1,171/mo rent. Total monthly income registers $1,171/mo, and a $636/mo payment leaves $62/mo available for distribution. Annual cash flow reaches $741/yr on $43,095 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,916 over five years. Portfolio math shows five-year ROI at 115.15% and total cumulative return in cash at $49,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,171/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
927.83 sqft lot
$N/A/sqft
$296 monthly 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: Diana Diaz • Miracle Realty
Mls Name: Fresno MLS
Mls ID: #622215