3103 E Magill AveFresnoCA93710
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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 3103 E Magill Ave, Fresno, CA, 93710 priced at $425,000 pairs $3,499/mo rent with $870/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,499/mo, and annual cash flow comes to $10,440/yr on $140,888 invested. Return on cash invested is 27.32% in year one, and rental yield stands at 9.88% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 142.59% and total cumulative return in cash reaches $200,897. For financing, Ziffy Mortgage’s DSCR program evaluates $3,499/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
8,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93710, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,891 (100%) |
| Owner Occupied HU | 4,885 (41.1%) |
| Renter Occupied HU | 6,465 (54.4%) |
| Vacant Housing Units | 541 ( 4.5%) |
| Median Home Value | $359,471 |
| Average Home Value | $372,267 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
9,324
Multi-Family
2,832
Businesses
1,497
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Listed by: Michelle Bartel • Rod Aluisi Real Estate
Mls Name: Fresno MLS
Mls ID: #629164