6712 W Lucas DrFresnoCA93722
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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 6712 W Lucas Dr, Fresno, CA, 93722 offers a 8.49% rental yield on a $499,000 purchase with $3,529/mo rent. Total monthly income registers $3,529/mo, and a $2,442/mo payment leaves $220/mo available for distribution. Annual cash flow reaches $2,638/yr on $165,419 to close, and return on cash invested stands at 21.5% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 111.97% and total cumulative return in cash at $185,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,529/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
5,100 sqft lot
$N/A/sqft
$132 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93722, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,049 (100%) |
| Owner Occupied HU | 16,255 (58.0%) |
| Renter Occupied HU | 10,723 (38.2%) |
| Vacant Housing Units | 1,071 ( 3.8%) |
| Median Home Value | $390,334 |
| Average Home Value | $427,804 |
Housing Distribution
Address Breakdown
Residential
27,919
Single Family
25,848
Multi-Family
2,071
Businesses
1,694
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Listed by: Raman Kaur • HomeSmart PV and Associates
Mls Name: Fresno MLS
Mls ID: #636658