1609 N 6th StFresnoCA93703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1609 N 6th St, Fresno, CA, 93703 generates $2,274/mo in rent and, after a $1,637/mo payment, leaves $205/mo in cash flow. Total monthly income is $2,274/mo, and annual cash flow is $2,459/yr on $110,887 invested. Return on cash invested sits at 22.13% in year one, and rental yield is 8.16% on a $334,500 entry. Equity gained on principal adds $2,158/yr, while 5% annual appreciation builds toward $92,416 over five years. Five-year ROI reaches 114.72% and total cumulative return in cash sums $127,207. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,274/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93703, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 4,002 (36.5%) |
| Renter Occupied HU | 6,476 (59.0%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $269,598 |
| Average Home Value | $303,739 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
8,867
Multi-Family
1,254
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard A. Jackson Jr • Real Broker
Mls Name: Fresno MLS
Mls ID: #643149