417 N Clark StFresnoCA93701
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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 417 N Clark St, Fresno, CA, 93701 priced at $295,000 converts $2,122/mo rent into $297/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,122/mo, and annual cash flow totals $3,563/yr on $97,793 invested. Return on cash invested prints 23.55% in year one, and rental yield reads 8.63% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 122.37% and total cumulative return in cash sums $119,666. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,122/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93701, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,896 (100%) |
| Owner Occupied HU | 674 (17.3%) |
| Renter Occupied HU | 2,960 (76.0%) |
| Vacant Housing Units | 262 ( 6.7%) |
| Median Home Value | $252,500 |
| Average Home Value | $299,603 |
Housing Distribution
Address Breakdown
Residential
3,528
Single Family
2,651
Multi-Family
877
Businesses
437
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Listed by: Gregory Kosareff • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #628153