1294 N Echo AveFresnoCA93728
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $329,000, 1294 N Echo Ave, Fresno, CA, 93728 in Fresno generates $2,123/mo in rent (7.74% yield) but nets only $88/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.44) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $90,897. Total projected return: $130,463.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.1% |
| Monthly Cash Flow | $88 | $420 |
City averages based on Fresno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,123 |
| Total Monthly Debt Service | $1,904 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
6,751 sqft 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
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
Single Family
Built in 1920
6,751 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan N. Johnson • Century 21 Jordan-Link & Compa
Mls Name: Fresno MLS
Mls ID: #625239