6043 N Forkner AveFresnoCA93711
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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
Total monthly income runs $2,772/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 5.59% with $2,772/mo rent. Return on cash invested shows 14.49% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 73.75% and total cumulative return in cash records $144,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,772/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93711, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 9,772 (57.8%) |
| Renter Occupied HU | 6,306 (37.3%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $520,990 |
| Average Home Value | $615,842 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
14,259
Multi-Family
2,221
Businesses
1,792
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Listed by: Matt M McGrath • Manning Properties
Mls Name: Fresno MLS
Mls ID: #628518