5006 Cheery Cove DrFresnoTX77545
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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
Rental property for sale in Fresno at 5006 Cheery Cove Dr, Fresno, TX, 77545 generates $3,088/mo in rent and, after a $1,830/mo payment, leaves $375/mo in cash flow. Total monthly income is $3,088/mo, and annual cash flow is $4,498/yr on $123,978 invested. Return on cash invested sits at 23.54% in year one, and rental yield is 9.91% on a $373,990 entry. Equity gained on principal adds $2,413/yr, while 5% annual appreciation builds toward $103,327 over five years. Five-year ROI reaches 123.7% and total cumulative return in cash sums $153,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,088/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77545, Fresno, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,079
Single Family
8,983
Multi-Family
96
Businesses
509
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Listed by: Shazib Iqbal • D.R. Horton - Texas, LTD
Mls Name: HAR
Mls Provider:
Mls ID: #98291549
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