2843 E Muncie AveFresnoCA93720
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 2843 E Muncie Ave, Fresno, CA, 93720 offers $4,310/mo rent that, after a $3,548/mo payment. Total monthly income is $4,310/mo. Return on cash invested measures 18.66% in year one, and rental yield stands at 7.13% at a $724,950 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,290 by year five. Five-year ROI records 96.3% and total cumulative return in cash reaches $229,681. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,310/mo property income versus a $3,548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Marty • Century 21 Ditton Realty
Mls Name: Fresno MLS
Mls ID: #623322