3042 E Gilbert AveFresnoCA93721
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3042 E Gilbert Ave, Fresno, CA, 93721 in Fresno is a top-tier cash-flow asset. At $324,990 it produces $2,906/mo in rent and $896/mo in net monthly income, a 10.73% gross rental yield. The DSCR of 1.99 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,752. Five-year appreciation adds $89,789, driving a total cumulative return of $180,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.1% |
| Monthly Cash Flow | $896 | $420 |
City averages based on Fresno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,906 |
| Total Monthly Debt Service | $1,881 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93721, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,348 (100%) |
| Owner Occupied HU | 219 ( 9.3%) |
| Renter Occupied HU | 1,982 (84.4%) |
| Vacant Housing Units | 147 ( 6.3%) |
| Median Home Value | $234,167 |
| Average Home Value | $444,256 |
Housing Distribution
Address Breakdown
Residential
2,227
Single Family
1,167
Multi-Family
1,060
Businesses
1,273
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
Single Family
Built in 1969
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93721, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,348 (100%) |
| Owner Occupied HU | 219 ( 9.3%) |
| Renter Occupied HU | 1,982 (84.4%) |
| Vacant Housing Units | 147 ( 6.3%) |
| Median Home Value | $234,167 |
| Average Home Value | $444,256 |
Housing Distribution
Address Breakdown
Residential
2,227
Single Family
1,167
Multi-Family
1,060
Businesses
1,273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gracelyn Martinez • Iron Key Real Estate
Mls Name: Fresno MLS
Mls ID: #624871