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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 5002 Cheery Cove Dr, Fresno, TX, 77545 uses $117,679 cash to close to unlock $6,119/yr annual cash flow and $510/mo monthly cash flow. Total monthly income runs $3,088/mo, and a $1,738/mo payment keeps the spread at $510/mo. Purchase price stands at $354,990, and rental yield measures 10.44% with $3,088/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $98,077 over five years. Five-year ROI reaches 132.13% and total cumulative return in cash records $155,492. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,088/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$650 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 |
|---|---|---|
| 2025-01-28 | Price change | $354,990 |
| 2025-01-10 | Listed for sale | $359,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Radiant Attic Barrier
Listed by: Shazib Iqbal • D.R. Horton - Texas, LTD
Mls Name: HAR
Mls Provider:
Mls ID: #59571971
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