3074 W Pico AveFresnoCA93722
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
Investment property for sale in Fresno at 3074 W Pico Ave, Fresno, CA, 93722 uses $134,258 cash to close to unlock $8,470/yr annual cash flow and $706/mo monthly cash flow. Total monthly income runs $3,211/mo, and a $1,982/mo payment keeps the spread at $706/mo. Purchase price stands at $405,000, and rental yield measures 9.51% with $3,211/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 136.66% and total cumulative return in cash records $183,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,211/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,562 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93722, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,049 (100%) |
| Owner Occupied HU | 16,255 (58.0%) |
| Renter Occupied HU | 10,723 (38.2%) |
| Vacant Housing Units | 1,071 ( 3.8%) |
| Median Home Value | $390,334 |
| Average Home Value | $427,804 |
Housing Distribution
Address Breakdown
Residential
27,919
Single Family
25,848
Multi-Family
2,071
Businesses
1,694
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bernia Walker • Colin Campbell, Broker
Mls Name: Fresno MLS
Mls ID: #638828