1515 N Fruit 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
Rental property for sale in Fresno at 1515 N Fruit Ave, Fresno, CA, 93728 priced at $339,998 converts $2,722/mo rent into $592/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,722/mo, and annual cash flow totals $7,100/yr on $112,709 invested. Return on cash invested prints 26.21% in year one, and rental yield reads 9.61% against a $339,998 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,935 by year five. Five-year ROI reaches 136.73% and total cumulative return in cash sums $154,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,722/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1922
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: Robin T. Sparks • Better Homes & Garden Real Est
Mls Name: Fresno MLS
Mls ID: #621821