604 W Andrews AveFresnoCA93705
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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 604 W Andrews Ave, Fresno, CA, 93705 generates $1,859/mo in rent and, after a $1,322/mo payment, leaves $89/mo in cash flow. Total monthly income is $1,859/mo, and annual cash flow is $1,066/yr on $89,505 invested. Return on cash invested sits at 21.1% in year one, and rental yield is 8.26% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 109.7% and total cumulative return in cash sums $98,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,859/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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Listed by: Danny Grubb • Real Broker
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #615484
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.