264 E Florence AveFresnoCA93706
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 264 E Florence Ave, Fresno, CA, 93706 offers a 8.95% rental yield on a $325,000 purchase with $2,425/mo rent. Total monthly income registers $2,425/mo, and a $1,591/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,970/yr on $107,738 to close, and return on cash invested stands at 24.52% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 127.62% and total cumulative return in cash at $137,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,425/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93706, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 4,679 (39.3%) |
| Renter Occupied HU | 6,527 (54.9%) |
| Vacant Housing Units | 693 ( 5.8%) |
| Median Home Value | $305,216 |
| Average Home Value | $400,729 |
Housing Distribution
Address Breakdown
Residential
11,070
Single Family
10,550
Multi-Family
520
Businesses
1,006
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mirna Garcia • Envision Realty, Inc.
Mls Name: Fresno MLS
Mls ID: #624918