4428 E Springfield AveFresnoCA93725
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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 4428 E Springfield Ave, Fresno, CA, 93725 generates $1,840/mo in rent, after a $3,671/mo payment. Total monthly income is $1,840/mo. Return on cash invested sits at 6.44% in year one, and rental yield is 2.94% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 30.61% and total cumulative return in cash sums $75,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
19.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93725, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,260 (100%) |
| Owner Occupied HU | 4,062 (56.0%) |
| Renter Occupied HU | 2,880 (39.7%) |
| Vacant Housing Units | 318 ( 4.4%) |
| Median Home Value | $346,601 |
| Average Home Value | $400,860 |
Housing Distribution
Address Breakdown
Residential
6,813
Single Family
6,658
Multi-Family
155
Businesses
789
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Listed by: Adam Basila • London Properties, Ltd.
Mls Name: Fresno MLS
Mls ID: #629059