608 N Echo AveFresnoCA93728
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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 608 N Echo Ave, Fresno, CA, 93728 with 5% annual appreciation on a $374,900 basis while $1,676/mo rent supports operations. 7% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 5.36%. Five-year ROI measures 69.53% and total cumulative return in cash totals $86,407. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,676/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1926
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93728, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 2,651 (40.5%) |
| Renter Occupied HU | 3,528 (53.9%) |
| Vacant Housing Units | 364 ( 5.6%) |
| Median Home Value | $255,250 |
| Average Home Value | $310,972 |
Housing Distribution
Address Breakdown
Residential
6,197
Single Family
5,528
Multi-Family
669
Businesses
623
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Listed by: Tom DeBey • London Properties, Ltd.
Mls Name: Fresno MLS
Mls ID: #620681