1584 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
Investment property for sale in Fresno at 1584 N Carruth Ave, Fresno, CA, 93728 uses $120,998 cash to close to unlock $2,646/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $2,478/mo, and a $1,786/mo payment keeps the spread at $221/mo. Purchase price stands at $365,000, and rental yield measures 8.15% with $2,478/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 114.57% and total cumulative return in cash records $138,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,478/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1946
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: Susana M. Casas Pelayo • Universal Realty Services, Inc
Mls Name: Fresno MLS
Mls ID: #642098