8665 N Cedar Ave UNIT 160FresnoCA93720
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
Investment property for sale in Fresno at 8665 N Cedar Ave UNIT 160, Fresno, CA, 93720 uses $145,827 cash to close to unlock $1,677/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $2,966/mo, and a $2,153/mo payment keeps the spread at $140/mo. Purchase price stands at $439,900, and rental yield measures 8.09% with $2,966/mo rent. Return on cash invested shows 21.06% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash records $159,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,966/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Single Family
Built in 1987
4,421 sqft lot
$N/A/sqft
$105 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bennie Scott Ellis Clay • Real Broker
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #621538
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.