298 E Everglade AveFresnoCA93720
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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 298 E Everglade Ave, Fresno, CA, 93720 priced at $724,999 pairs $3,640/mo rent with after a $3,549/mo payment. Total monthly income equals $3,640/mo. Return on cash invested is 14.75% in year one, and rental yield stands at 6.02% on a $724,999 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 75.5% and total cumulative return in cash reaches $180,088. For financing, Ziffy Mortgage’s DSCR program evaluates $3,640/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.27 Acres 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
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Listed by: Mo Mansour • Universal Realty Services, Inc
Mls Name: Fresno MLS
Mls ID: #624093