6130 W Concordia DriveFresnoCA93722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6130 W Concordia Drive, Fresno, CA, 93722 uses $150,833 cash to close to unlock $18,195/yr annual cash flow and $1,516/mo monthly cash flow. Total monthly income runs $4,517/mo, and a $2,227/mo payment keeps the spread at $1,516/mo. Purchase price stands at $455,000, and rental yield measures 11.91% with $4,517/mo rent. Return on cash invested shows 31.97% in year one, and 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 168.08% and total cumulative return in cash records $253,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,517/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Single Family
Built in 2017
3,049 sqft lot
$N/A/sqft
$186 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93722, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,049 (100%) |
| Owner Occupied HU | 16,255 (58.0%) |
| Renter Occupied HU | 10,723 (38.2%) |
| Vacant Housing Units | 1,071 ( 3.8%) |
| Median Home Value | $390,334 |
| Average Home Value | $427,804 |
Housing Distribution
Address Breakdown
Residential
27,919
Single Family
25,848
Multi-Family
2,071
Businesses
1,694
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda T Parks • Realty Concepts, Ltd
Mls Name: TCMLS
Mls Provider:
Mls ID: #230409
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-15 15:53:50 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.