5739 N Monte Ave APT 1, Fresno, CA, 93711 | $103/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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5739 N Monte Ave APT 1, Fresno, CA, 93711 | $103/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fresno at 5739 N Monte Ave APT 1, Fresno, CA, 93711 listed at $290,000 pairs $1,897/mo rent with a $1,419/mo payment to leave $103/mo cash flow. Total monthly income runs $1,897/mo, and annual cash flow reaches $1,241/yr on $96,135 cash to close. Return on cash invested measures 21.2% in year one, and rental yield registers 7.85% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 109.78% and total cumulative return in cash totals $105,532. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,897/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1979

1,102 sqft lot

$N/A/sqft

No HOA

More details about the property

Great location for this price! Wonderful complex with more of a residential home neighborhood feeling. Desirable floorplan with a spacious Living Room with a vaulter ceiling. High angled windows above Entry Door and wall area creating an atmosphere that is light and airy. Living Room features a Wet Bar niche and a fireplace with a gas starter. Formal Dining Area with a full wall of mirrors expanding the appearance of a larger area. Convenient Kitchen with a pass thru Breakfast bar area to Dining Room. Kitchen is also light and airy with a Skylight. Inside Washer and Dryer alcove between Kitchen and Garage. One car Garage is completely sheet rocked with an automatic door opener. Master Bedroom and Guest Bedroom both have vaulted ceilings that create a appealing expanse of space. Master Bedroom has a walk-in closet. Bath area has a double sink vanity and separate room for the commode and shower. Guest Bedroom also has a walk-in closet and sliding glass door opening onto large private patio yard. Charming creepy fig on fencing showcasing a inviting area of greenery to enjoy outdoor living. HOA fee has great value which covers Sewer, Water and Garbage, Roofs, Blanket Insurance on Structure and front yard maintenance. Desirable neighborhood and complex surrounding by higher price housing and close to prime Shopping and Restaurants. This is the only unit for sale in the complex so act quickly to make this your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 93711, Fresno, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,906 (100%)
Owner Occupied HU	9,772 (57.8%)
Renter Occupied HU	6,306 (37.3%)
Vacant Housing Units	828 ( 4.9%)
Median Home Value	$520,990
Average Home Value	$615,842