3223 E Madison AveFresnoCA93702
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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 3223 E Madison Ave, Fresno, CA, 93702 uses $86,190 cash to close to unlock $10,310/yr annual cash flow and $859/mo monthly cash flow. Total monthly income runs $2,468/mo, and a $1,273/mo payment keeps the spread at $859/mo. Purchase price stands at $260,000, and rental yield measures 11.39% with $2,468/mo rent. Return on cash invested shows 31.87% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 167.02% and total cumulative return in cash records $143,957. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,468/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1912
4,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93702, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,030 (100%) |
| Owner Occupied HU | 4,499 (37.4%) |
| Renter Occupied HU | 7,090 (58.9%) |
| Vacant Housing Units | 441 ( 3.7%) |
| Median Home Value | $224,309 |
| Average Home Value | $293,419 |
Housing Distribution
Address Breakdown
Residential
12,337
Single Family
11,340
Multi-Family
997
Businesses
786
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Listed by: Joe Lemieux • Parisville Properties & Invest
Mls Name: Fresno MLS
Mls ID: #642051