1421 E Terrace AveFresnoCA93704
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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 1421 E Terrace Ave, Fresno, CA, 93704 with 5% annual appreciation on a $325,000 basis while $2,098/mo rent supports operations. Total monthly income totals $2,098/mo and a $1,591/mo payment preserves $87/mo for cash returns. Annual cash flow comes to $1,046/yr on $107,738 deployed, and return on cash invested reaches 20.88% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 7.75%. Five-year ROI measures 108.07% and total cumulative return in cash totals $116,437.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,098/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93704, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 6,178 (51.8%) |
| Renter Occupied HU | 5,144 (43.2%) |
| Vacant Housing Units | 595 ( 5.0%) |
| Median Home Value | $445,508 |
| Average Home Value | $504,721 |
Housing Distribution
Address Breakdown
Residential
11,423
Single Family
9,346
Multi-Family
2,077
Businesses
715
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Listed by: Stephanie A. Reyes • Rise Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #619588
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.