1010 N College AveFresnoCA93728
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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 1010 N College Ave, Fresno, CA, 93728 priced at $199,500 converts $1,651/mo rent into $242/mo cash flow after a $976/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $2,903/yr on $66,134 invested. Return on cash invested prints 24.3% in year one, and rental yield reads 9.93% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 127.53% and total cumulative return in cash sums $84,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $976/mo payment, not borrower’s personal income.
Multi Family
Built in 1946
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93728, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 2,651 (40.5%) |
| Renter Occupied HU | 3,528 (53.9%) |
| Vacant Housing Units | 364 ( 5.6%) |
| Median Home Value | $255,250 |
| Average Home Value | $310,972 |
Housing Distribution
Address Breakdown
Residential
6,197
Single Family
5,528
Multi-Family
669
Businesses
623
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Listed by: Brian P. Ferguson • Suite One Real Estate Services
Mls Name: Fresno MLS
Mls ID: #626787