4774 E Hammond AveFresnoCA93703
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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 4774 E Hammond Ave, Fresno, CA, 93703 offers $2,174/mo rent that, after a $1,610/mo payment. Total monthly income is $2,174/mo. Return on cash invested measures 18.44% in year one, and rental yield stands at 7.93% at a $328,950 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,883 by year five. Five-year ROI records 96.06% and total cumulative return in cash reaches $104,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,174/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93703, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 4,002 (36.5%) |
| Renter Occupied HU | 6,476 (59.0%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $269,598 |
| Average Home Value | $303,739 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
8,867
Multi-Family
1,254
Businesses
952
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Listed by: John A. Jungwirth • All State Homes
Mls Name: Fresno MLS
Mls ID: #634158