523 W Floradora AveFresnoCA93728
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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 523 W Floradora Ave, Fresno, CA, 93728 priced at $375,000 pairs $2,603/mo rent with $284/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,603/mo, and annual cash flow comes to $3,403/yr on $124,313 invested. Return on cash invested is 22.65% in year one, and rental yield stands at 8.33% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 117.52% and total cumulative return in cash reaches $146,091. For financing, Ziffy Mortgage’s DSCR program evaluates $2,603/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93728, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 2,651 (40.5%) |
| Renter Occupied HU | 3,528 (53.9%) |
| Vacant Housing Units | 364 ( 5.6%) |
| Median Home Value | $255,250 |
| Average Home Value | $310,972 |
Housing Distribution
Address Breakdown
Residential
6,197
Single Family
5,528
Multi-Family
669
Businesses
623
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Listed by: Leonard G. Rivera • Keller Williams Fresno
Mls Name: Fresno MLS
Mls ID: #637588