3683 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
Rental property for sale in Fresno at 3683 N Fruit Ave APT A, Fresno, CA, 93705 offers $1,180/mo rent that, after a $671/mo payment. Total monthly income is $1,180/mo. Return on cash invested measures 12.35% in year one, and rental yield stands at 10.34% at a $137,000 entry. Equity gained on principal adds $884/yr while 5% annual appreciation compounds into $37,851 by year five. Five-year ROI records 68.34% and total cumulative return in cash reaches $31,036. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,180/mo property income versus a $671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1967
1,280 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: Frank M. Ciano • Ciano Real Estate, Inc
Mls Name: Fresno MLS
Mls ID: #623412