615 Cypress AveFresnoTX77545
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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 615 Cypress Ave, Fresno, TX, 77545 offers $3,206/mo rent that, after a $2,986/mo payment. Total monthly income is $3,206/mo. Return on cash invested measures 13.29% in year one, and rental yield stands at 6.31% at a $610,000 entry. Equity gained on principal adds $3,936/yr while 5% annual appreciation compounds into $168,532 by year five. Five-year ROI records 68.53% and total cumulative return in cash reaches $137,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,206/mo property income versus a $2,986/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77545, Fresno, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,803 (100%) |
| Owner Occupied HU | 7,686 (78.4%) |
| Renter Occupied HU | 1,591 (16.2%) |
| Vacant Housing Units | 526 ( 5.4%) |
| Median Home Value | $286,565 |
| Average Home Value | $323,831 |
Housing Distribution
Address Breakdown
Residential
9,079
Single Family
8,983
Multi-Family
96
Businesses
509
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