72 W Sierra Ave APT 103FresnoCA93704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 72 W Sierra Ave APT 103, Fresno, CA, 93704 generates $2,425/mo in rent and, after a $1,390/mo payment, leaves $349/mo in cash flow. Total monthly income is $2,425/mo, and annual cash flow is $4,194/yr on $94,146 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 10.25% on a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation builds toward $78,464 over five years. Five-year ROI reaches 128.23% and total cumulative return in cash sums $120,725. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,425/mo property income rather than buyer’s personal income.
Condo
Built in 1978
3,367 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93704, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 6,178 (51.8%) |
| Renter Occupied HU | 5,144 (43.2%) |
| Vacant Housing Units | 595 ( 5.0%) |
| Median Home Value | $445,508 |
| Average Home Value | $504,721 |
Housing Distribution
Address Breakdown
Residential
11,423
Single Family
9,346
Multi-Family
2,077
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa M. Bowen • HomeSmart PV and Associates
Mls Name: Fresno MLS
Mls ID: #624474