2302 E Clay AveFresnoCA93701
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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 2302 E Clay Ave, Fresno, CA, 93701 earns $2,168/mo cash flow from $3,889/mo rent with a $1,356/mo payment. Total monthly income totals $3,889/mo, and annual cash flow totals $26,014/yr on $91,826 capital. ROI tracks 48.24% on current figures, and rental yield reads 16.85% at a $277,000 purchase. Equity gained on principal adds $1,787/yr, and 5% annual appreciation supports $76,530 over five years. Five-year ROI reaches 254.79% and total cumulative return in cash sums $233,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,889/mo property income instead of your personal income.
Single Family
Built in 1922
4,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93701, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,896 (100%) |
| Owner Occupied HU | 674 (17.3%) |
| Renter Occupied HU | 2,960 (76.0%) |
| Vacant Housing Units | 262 ( 6.7%) |
| Median Home Value | $252,500 |
| Average Home Value | $299,603 |
Housing Distribution
Address Breakdown
Residential
3,528
Single Family
2,651
Multi-Family
877
Businesses
437
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Listed by: Ray Benitez • Magnum Realty
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #609678
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.