6141 W Los Altos AveFresnoCA93722
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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 6141 W Los Altos Ave, Fresno, CA, 93722 priced at $714,000 converts $5,388/mo rent into $896/mo cash flow after a $3,495/mo obligation. Total monthly income equals $5,388/mo, and annual cash flow totals $10,756/yr on $234,906 invested. Return on cash invested prints 24.64% in year one, and rental yield reads 9.06% against a $714,000 entry. Equity gained on principal adds $4,607/yr, while 5% annual appreciation compiles into $197,265 by year five. Five-year ROI reaches 128.32% and total cumulative return in cash sums $301,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,388/mo property income covering a $3,495/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No 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
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Listed by: Fernando Martinez • Xander Mortgage & Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #611597
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.