3946 E Thomas AveFresnoCA93702
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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 3946 E Thomas Ave, Fresno, CA, 93702 uses $101,074 cash to close to unlock $542/yr annual cash flow and $45/mo monthly cash flow. Total monthly income runs $1,931/mo, and a $1,492/mo payment keeps the spread at $45/mo. Purchase price stands at $304,900, and rental yield measures 7.6% with $1,931/mo rent. Return on cash invested shows 20.45% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 105.76% and total cumulative return in cash records $106,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,931/mo property income covering a $1,492/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,721 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
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Listed by: Richard A. Jackson Jr • Real Broker
Mls Name: Fresno MLS
Mls ID: #627019