1903 E Simpson AveFresnoCA93703
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
Investment property for sale in Fresno at 1903 E Simpson Ave, Fresno, CA, 93703 listed at $518,000 pairs $2,203/mo rent with a $2,535/mo payment. Total monthly income runs $2,203/mo. Return on cash invested measures 12.17% in year one, and rental yield registers 5.1% at a $518,000 basis. Equity gained on principal adds $3,343/yr, and annual property appreciation at 5% supports $143,114 by year five. Five-year ROI tracks 61.59% and total cumulative return in cash totals $104,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,203/mo property income relative to a $2,535/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1952
8,542 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: Ann M. Lee • Movoto, Inc.
Mls Name: Fresno MLS
Mls ID: #625895