3611 E Illinois AveFresnoCA93702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3611 E Illinois Ave, Fresno, CA, 93702 with 5% annual appreciation on a $255,000 basis while $1,706/mo rent supports operations. Total monthly income totals $1,706/mo and a $1,248/mo payment preserves $129/mo for cash returns. Annual cash flow comes to $1,543/yr on $84,533 deployed, and return on cash invested reaches 21.73% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 8.03%. Five-year ROI measures 112.65% and total cumulative return in cash totals $95,228.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,706/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
6,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Covarrubias • Realty One Group, Infinity
Mls Name: Fresno MLS
Mls ID: #624280