1478 E Magill AveFresnoCA93710
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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 1478 E Magill Ave, Fresno, CA, 93710 offers a 6.54% rental yield on a $399,000 purchase with $2,176/mo rent. 26% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 88.62% and total cumulative return in cash at $117,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,176/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93710, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,891 (100%) |
| Owner Occupied HU | 4,885 (41.1%) |
| Renter Occupied HU | 6,465 (54.4%) |
| Vacant Housing Units | 541 ( 4.5%) |
| Median Home Value | $359,471 |
| Average Home Value | $372,267 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
9,324
Multi-Family
2,832
Businesses
1,497
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Listed by: Zuohe Song • ZState Realty Inc.
Mls Name: Fresno MLS
Mls ID: #640901