8147 N Cedar Ave APT 203FresnoCA93720
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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 8147 N Cedar Ave APT 203, Fresno, CA, 93720 generates $2,393/mo in rent, after a $1,713/mo payment. Total monthly income is $2,393/mo. Return on cash invested sits at 17.27% in year one, and rental yield is 8.2% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 90.49% and total cumulative return in cash sums $104,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,393/mo property income rather than buyer’s personal income.
Condo
Built in 1991
1,393 sqft lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
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Listed by: Jared Thomas • Real Broker
Mls Name: Fresno MLS
Mls ID: #626956