1123 E Cole AvenueFresnoCA93720
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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
Investment property for sale in Fresno at 1123 E Cole Avenue, Fresno, CA, 93720 offers a 5.97% rental yield on a $769,900 purchase with $3,828/mo rent. 63% in year one. Equity gained on principal adds $4,968/yr while 5% annual appreciation supports $212,709 over five years. Portfolio math shows five-year ROI at 79.88% and total cumulative return in cash at $202,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,828/mo property income against a $3,768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
9,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
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Listed by: Troy Guy • Keller Williams Rlty Tulare Co
Mls Name: TCMLS
Mls ID: #238578