231 N Effie StFresnoCA93701
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 231 N Effie St, Fresno, CA, 93701 priced at $313,000 pairs $2,594/mo rent with $658/mo cash flow after a $1,532/mo payment. Total monthly income equals $2,594/mo, and annual cash flow comes to $7,892/yr on $103,760 invested. Return on cash invested is 27.52% in year one, and rental yield stands at 9.95% on a $313,000 basis. Equity gained on principal adds $2,020/yr, and 5% annual appreciation accumulates to $86,476 by year five. Five-year ROI measures 143.64% and total cumulative return in cash reaches $149,041. For financing, Ziffy Mortgage’s DSCR program evaluates $2,594/mo property income against a $1,532/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
6,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas Dart • Dart Realty
Mls Name: Fresno MLS
Mls ID: #621796