5181 E Olive Ave UNIT 124FresnoCA93727
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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 5181 E Olive Ave UNIT 124, Fresno, CA, 93727 uses $48,068 cash to close to unlock $836/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $1,337/mo, and a $710/mo payment keeps the spread at $70/mo. Purchase price stands at $145,000, and rental yield measures 11.06% with $1,337/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 115.53% and total cumulative return in cash records $55,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,337/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1979
840.71 sqft lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93727, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,610 (100%) |
| Owner Occupied HU | 17,231 (58.2%) |
| Renter Occupied HU | 11,297 (38.2%) |
| Vacant Housing Units | 1,082 ( 3.7%) |
| Median Home Value | $421,096 |
| Average Home Value | $470,917 |
Housing Distribution
Address Breakdown
Residential
27,528
Single Family
23,870
Multi-Family
3,658
Businesses
1,671
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Listed by: Brian A. Domingos, Jr • Premier Plus Real Estate Compa
Mls Name: Fresno MLS
Mls ID: #629073