503 E Quincy AveFresnoCA93720
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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 503 E Quincy Ave, Fresno, CA, 93720 with 5% annual appreciation on a $618,000 basis while $3,906/mo rent supports operations. Total monthly income totals $3,906/mo and a $3,025/mo payment preserves $83/mo for cash returns. Annual cash flow comes to $993/yr on $203,322 deployed, and return on cash invested reaches 20.55% in year one. Equity gained on principal adds $3,988/yr, and five-year appreciation sums $170,742 alongside rental yield of 7.58%. Five-year ROI measures 106.23% and total cumulative return in cash totals $215,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,906/mo property income versus a $3,025/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
9,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
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Listed by: Robert Aaron Mitchell • LPT Realty, Inc
Mls Name: Fresno MLS
Mls ID: #624204