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REI Lense

Fresno, CA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Fresno, CA. Based on 30+ datapoints.

Fresno, CA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

3.6%

Avg Cash on Cash

-12.5%

Median Cashflow

-$918/mo

Avg Rent Estimate

$2,528/mo

Avg Price

$466,014

Price Range

$189,600 - $758,900

Rent to Price

0.54%

low ratio

Positive Cashflow

3%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Fresno, CA

Fresno, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.6%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 30+ analyzed properties, the median monthly cashflow in Fresno, CA is -$918 with average rents of $2,528/month. Properties range from $189,600 to $758,900, offering entry points across multiple investment budgets.

1257 N Bailey Ave, Fresno, CA 93727

Price

$250,000

Rent

$2,100

CachFlow

$162

CoC

3.7

Full Analysis

505 W Lamona Avenue, Fresno, CA 93728

Price

$319,000

Rent

$2,140

CachFlow

-$318

CoC

-5.7

Full Analysis

320 N Millard Ave, Fresno, CA 93727

Price

$500,400

Rent

$2,550

CachFlow

-$1,273

CoC

-14.54

Full Analysis

8894 N Winery Ave, Fresno, CA 93720

Price

$570,800

Rent

$2,590

CachFlow

-$1,675

CoC

-16.77

Full Analysis

8735 N Cedar Ave Unit 122, Fresno, CA 93720

Price

$516,500

Rent

$2,750

CachFlow

-$1,118

CoC

-12.37

Full Analysis

Fresno, CA Rental Market Insights

  • Median cashflow is -$918/month — careful deal selection is essential here
  • 3.6% median cap rate is typical of appreciation-focused markets
  • At 3% positive cashflow rate, Fresno, CA requires selective property picks
  • Mid-to-upper tier market with properties from $189,600 to $758,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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