272 E Grove AveFresnoCA93706
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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
Rental property for sale in Fresno at 272 E Grove Ave, Fresno, CA, 93706 priced at $314,000 pairs $2,458/mo rent with $515/mo cash flow after a $1,537/mo payment. Total monthly income equals $2,458/mo, and annual cash flow comes to $6,185/yr on $104,091 invested. Return on cash invested is 25.85% in year one, and rental yield stands at 9.39% on a $314,000 basis. Equity gained on principal adds $2,026/yr, and 5% annual appreciation accumulates to $86,752 by year five. Five-year ROI measures 134.72% and total cumulative return in cash reaches $140,235. For financing, Ziffy Mortgage’s DSCR program evaluates $2,458/mo property income against a $1,537/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
0.32 Acres 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
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Listed by: Joseph Parks • eXp Realty of California, Inc.
Mls Name: Fresno MLS
Mls ID: #624028