5298 N Reese AveFresnoCA93722
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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 5298 N Reese Ave, Fresno, CA, 93722 offers $3,020/mo rent that, after a $2,149/mo payment, leaves $304/mo cash flow. Total monthly income is $3,020/mo, and annual cash flow is $3,647/yr on $145,529 cash. Return on cash invested measures 22.42% in year one, and rental yield stands at 8.26% at a $439,000 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,288 by year five. Five-year ROI records 116.27% and total cumulative return in cash reaches $169,208. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,020/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
6,507 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93722, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,049 (100%) |
| Owner Occupied HU | 16,255 (58.0%) |
| Renter Occupied HU | 10,723 (38.2%) |
| Vacant Housing Units | 1,071 ( 3.8%) |
| Median Home Value | $390,334 |
| Average Home Value | $427,804 |
Housing Distribution
Address Breakdown
Residential
27,919
Single Family
25,848
Multi-Family
2,071
Businesses
1,694
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Listed by: Vanessa Villarreal • G3 Development Company
Mls Name: Fresno MLS
Mls ID: #630304