4005 E Platt 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 4005 E Platt Ave, Fresno, CA, 93702 with 5% annual appreciation on a $320,000 basis while $2,900/mo rent supports operations. Total monthly income totals $2,900/mo and a $1,566/mo payment preserves $846/mo for cash returns. Annual cash flow comes to $10,155/yr on $106,080 deployed, and return on cash invested reaches 29.48% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 10.88%. Five-year ROI measures 154.51% and total cumulative return in cash totals $163,899.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,900/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1933
0.28 Acres 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: Eddie Villarreal • Sebastian Natalia Realtors
Mls Name: Fresno MLS
Mls ID: #611250