505 W Vassar AveFresnoCA93705
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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 505 W Vassar Ave, Fresno, CA, 93705 earns $361/mo cash flow from $2,062/mo rent with a $1,346/mo payment. Total monthly income totals $2,062/mo, and annual cash flow totals $4,329/yr on $91,163 capital. ROI tracks 24.66% on current figures, and rental yield reads 9% 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 128.3% and total cumulative return in cash sums $116,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,062/mo property income instead of your personal income.
Single Family
Built in 1940
6,812 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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Listed by: Monica Flores • Iron Key Real Estate
Mls Name: Fresno MLS
Mls ID: #628494