4230 W Cornell AveFresnoCA93722
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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 4230 W Cornell Ave, Fresno, CA, 93722 earns $211/mo cash flow from $2,468/mo rent with a $1,786/mo payment. Total monthly income totals $2,468/mo, and annual cash flow totals $2,527/yr on $120,985 capital. ROI tracks 22% on current figures, and rental yield reads 8.11% at a $364,963 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,833 over five years. Five-year ROI reaches 114.04% and total cumulative return in cash sums $137,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,468/mo property income instead of your personal income.
Single Family
Built in 1987
5,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93722, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,049 (100%) |
| Owner Occupied HU | 16,255 (58.0%) |
| Renter Occupied HU | 10,723 (38.2%) |
| Vacant Housing Units | 1,071 ( 3.8%) |
| Median Home Value | $390,334 |
| Average Home Value | $427,804 |
Housing Distribution
Address Breakdown
Residential
27,919
Single Family
25,848
Multi-Family
2,071
Businesses
1,694
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Listed by: Derek G Monreal • Derek Monreal Real Estate
Mls Name: Fresno MLS
Mls ID: #624697