3083 E Cornell AveFresnoCA93703
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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 3083 E Cornell Ave, Fresno, CA, 93703 earns from $1,919/mo rent with a $1,539/mo payment. Total monthly income totals $1,919/mo. ROI tracks 18.37% on current figures, and rental yield reads 7.32% at a $314,500 purchase. Equity gained on principal adds $2,029/yr, and 5% annual appreciation supports $86,891 over five years. Five-year ROI reaches 95.07% and total cumulative return in cash sums $99,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,919/mo property income instead of your personal income.
Single Family
Built in 1950
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93703, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 4,002 (36.5%) |
| Renter Occupied HU | 6,476 (59.0%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $269,598 |
| Average Home Value | $303,739 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
8,867
Multi-Family
1,254
Businesses
952
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Listed by: Crystal M. Diaz • Landrock Real Estate, Inc.
Mls Name: Fresno MLS
Mls ID: #628452