1662 E Kenosha AveFresnoCA93720
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 1662 E Kenosha Ave, Fresno, CA, 93720 priced at $585,900 converts $3,538/mo rent into after a $2,868/mo obligation. Total monthly income equals $3,538/mo. Return on cash invested prints 19.5% in year one, and rental yield reads 7.25% against a $585,900 entry. Equity gained on principal adds $3,781/yr, while 5% annual appreciation compiles into $161,873 by year five. Five-year ROI reaches 100.61% and total cumulative return in cash sums $193,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,538/mo property income covering a $2,868/mo payment, not borrower’s personal income.
Single Family
Built in 1992
8,624 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia A. Shirk • FIRST CLASS HOME AGENT
Mls Name: Fresno MLS
Mls ID: #624208