6594 N Farris 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
Investment property for sale in Fresno at 6594 N Farris Ave, Fresno, CA, 93711 offers a 7.23% rental yield on a $620,000 purchase with $3,734/mo rent. 46% in year one. Equity gained on principal adds $4,001/yr while 5% annual appreciation supports $171,295 over five years. Portfolio math shows five-year ROI at 100.42% and total cumulative return in cash at $204,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,734/mo property income against a $3,035/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
8,799 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: Grant W. Pullen • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #637075