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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
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-06 | Listed for sale | $440,000 |
| 2009-04-28 | Sold | $103,000 |
| 2008-11-24 | Sold | $211,158 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $1673.38 | 1.94% | $130,026 | 2.00% |
| 2023-04-07 | $1641.50 | 1.36% | $127,477 | 2.00% |
| 2022-04-07 | $1619.42 | 2.80% | $124,979 | 2.00% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Townhouse
- Year Built: 2005
- Architectural Style: Townhouse
- Building Area: 1,570
- Living Area: 1,570 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Has Heating (Unspecified Type)
- Cooling: 13+ SEER A/C, Central Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage - Attached
Location
- City: Fresno
- Subdivision: N/A
- Lot Size: 8,102 sqft
- Lot Features: Urban
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Public Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Columbia
- Middle School: Bud Gaston
- High School: Edison
Listed by: Ricardo Hernandez Jr • Pro Mr. Z Realty
Mls Name: Fresno MLS
Mls ID: #628114