924 W Valencia AveFresnoCA93706
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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 924 W Valencia Ave, Fresno, CA, 93706 offers $3,120/mo rent that, after a $2,154/mo payment, leaves $398/mo cash flow. Total monthly income is $3,120/mo, and annual cash flow is $4,772/yr on $145,860 cash. Return on cash invested measures 23.18% in year one, and rental yield stands at 8.51% at a $440,000 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,564 by year five. Five-year ROI records 120.38% and total cumulative return in cash reaches $175,582. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,120/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93706, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 4,679 (39.3%) |
| Renter Occupied HU | 6,527 (54.9%) |
| Vacant Housing Units | 693 ( 5.8%) |
| Median Home Value | $305,216 |
| Average Home Value | $400,729 |
Housing Distribution
Address Breakdown
Residential
11,070
Single Family
10,550
Multi-Family
520
Businesses
1,006
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Listed by: Ricardo Hernandez Jr • Pro Mr. Z Realty
Mls Name: Fresno MLS
Mls ID: #628114