638 E Browning AveFresnoCA93710
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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 638 E Browning Ave, Fresno, CA, 93710 priced at $415,000 converts $2,289/mo rent into after a $2,031/mo obligation. Total monthly income equals $2,289/mo. Return on cash invested prints 17.48% in year one, and rental yield reads 6.62% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 89.82% and total cumulative return in cash sums $123,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,289/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 1964
6,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93710, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,891 (100%) |
| Owner Occupied HU | 4,885 (41.1%) |
| Renter Occupied HU | 6,465 (54.4%) |
| Vacant Housing Units | 541 ( 4.5%) |
| Median Home Value | $359,471 |
| Average Home Value | $372,267 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
9,324
Multi-Family
2,832
Businesses
1,497
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Listed by: Vasilios Sotiropulos • Hyatt Real Estate
Mls Name: Fresno MLS
Mls ID: #641874