4724 E Hamilton 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
Rental property for sale in Fresno at 4724 E Hamilton Ave, Fresno, CA, 93702 priced at $340,000 converts $4,018/mo rent into $1,812/mo cash flow after a $1,664/mo obligation. Total monthly income equals $4,018/mo, and annual cash flow totals $21,747/yr on $112,710 invested. Return on cash invested prints 39.2% in year one, and rental yield reads 14.18% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 206.73% and total cumulative return in cash sums $233,010. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,018/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1970
8,250 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: R. Michelle Brixey • Real Broker
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #610231
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.