4875 N Backer Ave UNIT 124FresnoCA93726
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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 4875 N Backer Ave UNIT 124, Fresno, CA, 93726 earns $251/mo cash flow from $2,447/mo rent with a $1,346/mo payment. Total monthly income totals $2,447/mo, and annual cash flow totals $3,008/yr on $91,163 capital. ROI tracks 23.21% on current figures, and rental yield reads 10.68% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash sums $112,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,447/mo property income instead of your personal income.
Single Family
Built in 1984
1,960 sqft lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93726, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,068 (100%) |
| Owner Occupied HU | 5,874 (39.0%) |
| Renter Occupied HU | 8,381 (55.6%) |
| Vacant Housing Units | 813 ( 5.4%) |
| Median Home Value | $291,147 |
| Average Home Value | $318,500 |
Housing Distribution
Address Breakdown
Residential
14,935
Single Family
11,547
Multi-Family
3,388
Businesses
978
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Listed by: Edgar E. Melgar • Aspire Realty Solutions
Mls Name: Fresno MLS
Mls ID: #623611