6300 N Palm Ave UNIT 107FresnoCA93704
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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 6300 N Palm Ave UNIT 107, Fresno, CA, 93704 offers a 7.78% rental yield on a $419,950 purchase with $2,722/mo rent. 55% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,024 over five years. Portfolio math shows five-year ROI at 86.41% and total cumulative return in cash at $120,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,722/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
3,001 sqft lot
$N/A/sqft
$395 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: Joel Mazmanian • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #624948