2843 E Willis AveFresnoCA93726
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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 2843 E Willis Ave, Fresno, CA, 93726 offers a 8.11% rental yield on a $374,999 purchase with $2,533/mo rent. Total monthly income registers $2,533/mo, and a $1,835/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,564/yr on $124,312 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,605 over five years. Portfolio math shows five-year ROI at 113.9% and total cumulative return in cash at $141,591. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,533/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
6,059 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93726, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,068 (100%) |
| Owner Occupied HU | 5,874 (39.0%) |
| Renter Occupied HU | 8,381 (55.6%) |
| Vacant Housing Units | 813 ( 5.4%) |
| Median Home Value | $291,147 |
| Average Home Value | $318,500 |
Housing Distribution
Address Breakdown
Residential
14,935
Single Family
11,547
Multi-Family
3,388
Businesses
978
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Listed by: Carol A. MacNeill • Legacy Real Estate Inc.
Mls Name: Fresno MLS
Mls ID: #627089