4885 N Backer Ave UNIT 151FresnoCA93726
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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 151, Fresno, CA, 93726 earns $477/mo cash flow from $1,921/mo rent with a $783/mo payment. Total monthly income totals $1,921/mo, and annual cash flow totals $5,722/yr on $53,040 capital. ROI tracks 30.7% on current figures, and rental yield reads 14.41% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 164.41% and total cumulative return in cash sums $87,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,921/mo property income instead of your personal income.
Condo
Built in 1984
814.57 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: Lynette Baker • Realty Concepts, Ltd. - Clovis
Mls Name: Fresno MLS
Mls ID: #631493