4885 N Backer Ave UNIT 119FresnoCA93726
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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 4885 N Backer Ave UNIT 119, Fresno, CA, 93726 listed at $246,900 pairs $1,804/mo rent with a $1,208/mo payment. Total monthly income runs $1,804/mo. Return on cash invested measures 16.95% in year one, and rental yield registers 8.77% at a $246,900 basis. Equity gained on principal adds $1,593/yr, and annual property appreciation at 5% supports $68,214 by year five. Five-year ROI tracks 89.55% and total cumulative return in cash totals $73,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,804/mo property income relative to a $1,208/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
1,960 sqft lot
$N/A/sqft
$440 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: Sarah Hedrick • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #628996