6657 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
Investment property for sale in Fresno at 6657 N Alva Ave, Fresno, CA, 93711 with 5% annual appreciation on a $649,000 basis while $4,360/mo rent supports operations. Total monthly income totals $4,360/mo and a $3,177/mo payment preserves $293/mo for cash returns. Annual cash flow comes to $3,520/yr on $213,521 deployed, and return on cash invested reaches 21.71% in year one. Equity gained on principal adds $4,188/yr, and five-year appreciation sums $179,307 alongside rental yield of 8.06%. Five-year ROI measures 112.58% and total cumulative return in cash totals $240,372.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,360/mo property income versus a $3,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.30 Acres 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: Julie Ann Garcia-Gonzalez • M.C. Real Estate Corp-Madera
Mls Name: Fresno MLS
Mls ID: #623423