6260 N Palm Ave UNIT 109FresnoCA93704
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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 6260 N Palm Ave UNIT 109, Fresno, CA, 93704 earns $1,087/mo cash flow from $3,672/mo rent with a $1,738/mo payment. Total monthly income totals $3,672/mo, and annual cash flow totals $13,038/yr on $117,683 capital. ROI tracks 30.99% on current figures, and rental yield reads 12.41% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 163.71% and total cumulative return in cash sums $192,660. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,672/mo property income instead of your personal income.
Condo
Built in 1981
2,880 sqft lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93704, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 6,178 (51.8%) |
| Renter Occupied HU | 5,144 (43.2%) |
| Vacant Housing Units | 595 ( 5.0%) |
| Median Home Value | $445,508 |
| Average Home Value | $504,721 |
Housing Distribution
Address Breakdown
Residential
11,423
Single Family
9,346
Multi-Family
2,077
Businesses
715
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Listed by: Rosanne Bonilla • Nora and Associates Real Estat
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #615633
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.