2623 E McKenzie 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 2623 E McKenzie Ave, Fresno, CA, 93701 with 5% annual appreciation on a $324,998 basis while $1,815/mo rent supports operations. 73% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,791 alongside rental yield of 6.7%. Five-year ROI measures 91.18% and total cumulative return in cash totals $98,232. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,815/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
7,501 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: Robin T. Sparks • Better Homes & Garden Real Est
Mls Name: Fresno MLS
Mls ID: #628237