Danville, CA · Member since 2016 · 17 posts · 7 votes
I’m based in the Bay Area and looking for an investment property in the Fresno area. I’m specifically interested in good zip codes for a long-term rental single-family home.
Additionally, I’d appreciate insights on new homes in Madera (93637 zip)—how easy or difficult is it to rent them out?
Budget: Up to $450K Down Payment: 30%
Any recommendations or advice would be greatly appreciated.
Hey @Anurag T., new homes in Madera are fairly easy to rent out if they are in Tesoro Viejo or Riverstone. They both have easy access to HWY 41 into Fresno. Most of the people who are buying homes in those 2 communities are commuting into Fresno for work or school. Riverstone homes often come with extra requirements for water filtration on the homes, therefore some people prefer Tesoro but they are both great places.
Other zip codes you can look into that are in Fresno or Clovis are 93720, 93730, 93619,93612,93611,93737,93727 (the SE areas of this zip code with newer homes that are in Sanger Unified). 3/2 newer homes that are the easiest to rent out are generally in the Clovis Unified Boundaries and in some cases the Sanger Unified boundaries. Good luck!
Hey @Anurag T., new homes in Madera are fairly easy to rent out if they are in Tesoro Viejo or Riverstone. They both have easy access to HWY 41 into Fresno. Most of the people who are buying homes in those 2 communities are commuting into Fresno for work or school. Riverstone homes often come with extra requirements for water filtration on the homes, therefore some people prefer Tesoro but they are both great places.
Other zip codes you can look into that are in Fresno or Clovis are 93720, 93730, 93619,93612,93611,93737,93727 (the SE areas of this zip code with newer homes that are in Sanger Unified). 3/2 newer homes that are the easiest to rent out are generally in the Clovis Unified Boundaries and in some cases the Sanger Unified boundaries. Good luck!
Thank you. Very helpful insight We will be visiting both Madera and Clovis this weekend. Hoping to find good deal under our budget, easy to rent and does not have maintenance issue in next 5 years.