1653 E Cole AveFresnoCA93720
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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 1653 E Cole Ave, Fresno, CA, 93720 earns $5/mo cash flow from $2,795/mo rent with a $2,178/mo payment. Total monthly income totals $2,795/mo, and annual cash flow totals $66/yr on $147,518 capital. ROI tracks 19.95% on current figures, and rental yield reads 7.54% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 103.19% and total cumulative return in cash sums $152,228. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,795/mo property income instead of your personal income.
Single Family
Built in 1989
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
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Listed by: Tracy L. DeBenedetto • Real Broker
Mls Name: Fresno MLS
Mls ID: #639251