3231 W Chennault AveFresnoCA93711
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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 3231 W Chennault Ave, Fresno, CA, 93711 generates $3,547/mo in rent, after a $4,645/mo payment. Total monthly income is $3,547/mo. Return on cash invested sits at 10.64% in year one, and rental yield is 4.49% on a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 53.25% and total cumulative return in cash sums $166,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,547/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.34 Acres lot
$N/A/sqft
$385 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93711, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 9,772 (57.8%) |
| Renter Occupied HU | 6,306 (37.3%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $520,990 |
| Average Home Value | $615,842 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
14,259
Multi-Family
2,221
Businesses
1,792
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Listed by: Margaret A. Shamshoian • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #628752