6764 E Redlands AveFresnoCA93727
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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 6764 E Redlands Ave, Fresno, CA, 93727 priced at $449,000 converts $2,824/mo rent into after a $2,198/mo obligation. Total monthly income equals $2,824/mo. Return on cash invested prints 19.35% in year one, and rental yield reads 7.55% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 100.18% and total cumulative return in cash sums $149,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,824/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2016
5,601 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93727, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,610 (100%) |
| Owner Occupied HU | 17,231 (58.2%) |
| Renter Occupied HU | 11,297 (38.2%) |
| Vacant Housing Units | 1,082 ( 3.7%) |
| Median Home Value | $421,096 |
| Average Home Value | $470,917 |
Housing Distribution
Address Breakdown
Residential
27,528
Single Family
23,870
Multi-Family
3,658
Businesses
1,671
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Listed by: Jan M. Wright • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #626756