1209 S 3rd StFresnoCA93702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1209 S 3rd St, Fresno, CA, 93702 generates $1,500/mo in rent and, after a $1,150/mo payment, leaves $46/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $557/yr on $77,903 invested. Return on cash invested sits at 20.62% in year one, and rental yield is 7.66% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 106.69% and total cumulative return in cash sums $83,116. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
1,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93702, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,030 (100%) |
| Owner Occupied HU | 4,499 (37.4%) |
| Renter Occupied HU | 7,090 (58.9%) |
| Vacant Housing Units | 441 ( 3.7%) |
| Median Home Value | $224,309 |
| Average Home Value | $293,419 |
Housing Distribution
Address Breakdown
Residential
12,337
Single Family
11,340
Multi-Family
997
Businesses
786
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryanne L. Wilder-Kelley • Gentile Real Estate
Mls Name: Fresno MLS
Mls ID: #638483