2702 E Hedges AveFresnoCA93703
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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 2702 E Hedges Ave, Fresno, CA, 93703 offers a 1.42% rental yield on a $1,399,999 purchase with $1,662/mo rent. 86% in year one. Equity gained on principal adds $9,034/yr while 5% annual appreciation supports $386,794 over five years. Portfolio math shows five-year ROI at 5.93% and total cumulative return in cash at $26,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,662/mo property income against a $6,852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1942
0.96 Acres 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
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Listed by: Harbhavnik Singh • Nicholas Bien, Broker
Mls Name: Fresno MLS
Mls ID: #628721