1501 N Carruth AveFresnoCA93728
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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
Total monthly income runs $2,074/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 6% with $2,074/mo rent. Return on cash invested shows 15.61% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 79.77% and total cumulative return in cash records $109,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,074/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,351 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
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Listed by: Maria Cristina Arias-Pizano • 3D Realty
Mls Name: Fresno MLS
Mls ID: #638785