3681 N Fruit Ave APT AFresnoCA93705
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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
Investment property for sale in Fresno at 3681 N Fruit Ave APT A, Fresno, CA, 93705 uses $52,211 cash to close to unlock $1,423/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $771/mo payment keeps the spread at $119/mo. Purchase price stands at $157,500, and rental yield measures 12.86% with $1,688/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $43,514 over five years. Five-year ROI reaches 122.45% and total cumulative return in cash records $63,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $771/mo payment rather than investor’s personal income.
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
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Listed by: Nathan King • eXp Realty of California, Inc.
Mls Name: Fresno MLS
Mls ID: #629956