324 E Rialto AveFresnoCA93704
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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 324 E Rialto Ave, Fresno, CA, 93704 priced at $1,050,000 pairs $6,060/mo rent with after a $5,139/mo payment. Total monthly income equals $6,060/mo. Return on cash invested is 18.32% in year one, and rental yield stands at 6.93% on a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and 5% annual appreciation accumulates to $290,096 by year five. Five-year ROI measures 94.4% and total cumulative return in cash reaches $321,161. For financing, Ziffy Mortgage’s DSCR program evaluates $6,060/mo property income against a $5,139/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93704, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 6,178 (51.8%) |
| Renter Occupied HU | 5,144 (43.2%) |
| Vacant Housing Units | 595 ( 5.0%) |
| Median Home Value | $445,508 |
| Average Home Value | $504,721 |
Housing Distribution
Address Breakdown
Residential
11,423
Single Family
9,346
Multi-Family
2,077
Businesses
715
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Listed by: Catherine Olsen • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #613320
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.