119 N Purdue AveFresnoCA93727
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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 119 N Purdue Ave, Fresno, CA, 93727 offers a 8.19% rental yield on a $432,950 purchase with $2,956/mo rent. Total monthly income registers $2,956/mo, and a $2,119/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,333/yr on $143,523 to close, and return on cash invested stands at 22.23% in year one. Equity gained on principal adds $2,794/yr while 5% annual appreciation supports $119,616 over five years. Portfolio math shows five-year ROI at 115.29% and total cumulative return in cash at $165,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,956/mo property income against a $2,119/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,068 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93727, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,610 (100%) |
| Owner Occupied HU | 17,231 (58.2%) |
| Renter Occupied HU | 11,297 (38.2%) |
| Vacant Housing Units | 1,082 ( 3.7%) |
| Median Home Value | $421,096 |
| Average Home Value | $470,917 |
Housing Distribution
Address Breakdown
Residential
27,528
Single Family
23,870
Multi-Family
3,658
Businesses
1,671
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Listed by: David E Borchardt • Valley Oak Realty
Mls Name: Fresno MLS
Mls ID: #621900