3681 N Fruit Ave APT AFresnoCA93705
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis is a cash-flow-light asset: 3681 N Fruit Ave APT A, Fresno, CA, 93705 in Fresno, $157,500, 11.57% gross yield, $10/mo net income. Consider it a market-entry position, the $1,688/mo rent covers the $708/mo payment with a margin, and 5%/yr appreciation is projected to add $43,514 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.38) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $69,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.1% |
| Monthly Cash Flow | $10 | $420 |
City averages based on Fresno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,688 |
| Total Monthly Debt Service | $1,507 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1967
1,224 sqft lot
$N/A/sqft
$595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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
Condo
Built in 1967
1,224 sqft lot
$N/A/sqft
$595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan King • eXp Realty of California, Inc.
Mls Name: Fresno MLS
Mls ID: #629956