6354 N Palm AveFresnoCA93704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6354 N Palm Ave, Fresno, CA, 93704 at $260,000 posts ROI 20.56% with $47/mo cash flow from $2,161/mo rent. Total monthly income equals $2,161/mo, and annual cash flow records $562/yr on $86,190 to close. Return on cash invested measures 20.56% and rental yield reads 9.97% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 108.9% and total cumulative return in cash totals $93,857.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,161/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
1,306 sqft lot
$N/A/sqft
$415 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: Beth Garcia • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #623150