344 E Avante AveFresnoCA93720
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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 344 E Avante Ave, Fresno, CA, 93720 priced at $764,850 pairs $3,890/mo rent with after a $3,744/mo payment. Total monthly income equals $3,890/mo. Return on cash invested is 15.82% in year one, and rental yield stands at 6.1% on a $764,850 basis. Equity gained on principal adds $4,935/yr, and 5% annual appreciation accumulates to $211,314 by year five. Five-year ROI measures 80.96% and total cumulative return in cash reaches $203,712. For financing, Ziffy Mortgage’s DSCR program evaluates $3,890/mo property income against a $3,744/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
10,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
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Listed by: Vivian McCutchen • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #624233