3322 E Lamona 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
Rental property for sale in Fresno at 3322 E Lamona Ave, Fresno, CA, 93703 priced at $335,000 pairs $2,406/mo rent with $333/mo cash flow after a $1,640/mo payment. Total monthly income equals $2,406/mo, and annual cash flow comes to $3,999/yr on $111,053 invested. Return on cash invested is 23.51% in year one, and rental yield stands at 8.62% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 122.18% and total cumulative return in cash reaches $135,680. For financing, Ziffy Mortgage’s DSCR program evaluates $2,406/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
6,398 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: Gregory A. Reitz • eXp Realty of California, Inc.
Mls Name: Fresno MLS
Mls ID: #624311