3204 E Terrace 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 3204 E Terrace Ave, Fresno, CA, 93703 with 5% annual appreciation on a $383,000 basis while $2,016/mo rent supports operations. 57% in year one. Equity gained on principal adds $2,471/yr, and five-year appreciation sums $105,816 alongside rental yield of 6.32%. Five-year ROI measures 84.94% and total cumulative return in cash totals $107,838. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,016/mo property income versus a $1,875/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1955
6,499 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: Jason B. Higton • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #629920