6211 N Cleo 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 6211 N Cleo Ave, Fresno, CA, 93722 priced at $435,000 pairs $2,926/mo rent with $235/mo cash flow after a $2,129/mo payment. Total monthly income equals $2,926/mo, and annual cash flow comes to $2,821/yr on $144,203 invested. Return on cash invested is 21.87% in year one, and rental yield stands at 8.07% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 113.35% and total cumulative return in cash reaches $163,452. For financing, Ziffy Mortgage’s DSCR program evaluates $2,926/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
6,695 sqft 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: Carrie Haworth • RE/MAX Gold - Clovis
Mls Name: Fresno MLS
Mls ID: #628328