6269 N Alva AveFresnoCA93711
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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 6269 N Alva Ave, Fresno, CA, 93711 priced at $590,000 pairs $3,638/mo rent with after a $2,888/mo payment. Total monthly income equals $3,638/mo. Return on cash invested is 19.62% in year one, and rental yield stands at 7.4% on a $590,000 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $163,006 by year five. Five-year ROI measures 101.42% and total cumulative return in cash reaches $196,864. For financing, Ziffy Mortgage’s DSCR program evaluates $3,638/mo property income against a $2,888/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
7,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93711, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 9,772 (57.8%) |
| Renter Occupied HU | 6,306 (37.3%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $520,990 |
| Average Home Value | $615,842 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
14,259
Multi-Family
2,221
Businesses
1,792
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Listed by: Armen M. Ekmekchyan • Farnesi Real Estate, Inc.
Mls Name: Fresno MLS
Mls ID: #628480