5588 E Pitt AveFresnoCA93727
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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 5588 E Pitt Ave, Fresno, CA, 93727 uses $164,093 cash to close to unlock $3,259/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $3,334/mo, and a $2,423/mo payment keeps the spread at $272/mo. Purchase price stands at $495,000, and rental yield measures 8.08% with $3,334/mo rent. Return on cash invested shows 21.9% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 113.49% and total cumulative return in cash records $186,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,334/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2006
9,809 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93727, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,610 (100%) |
| Owner Occupied HU | 17,231 (58.2%) |
| Renter Occupied HU | 11,297 (38.2%) |
| Vacant Housing Units | 1,082 ( 3.7%) |
| Median Home Value | $421,096 |
| Average Home Value | $470,917 |
Housing Distribution
Address Breakdown
Residential
27,528
Single Family
23,870
Multi-Family
3,658
Businesses
1,671
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Listed by: Rado L Tadich III • Clovis 1st Real Estate Servic
Mls Name: Fresno MLS
Mls ID: #640362