6847 E Lorena 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 6847 E Lorena Ave, Fresno, CA, 93727 priced at $440,000 converts $3,028/mo rent into $199/mo cash flow after a $2,154/mo obligation. Total monthly income equals $3,028/mo, and annual cash flow totals $2,383/yr on $145,860 invested. Return on cash invested prints 21.54% in year one, and rental yield reads 8.26% against a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,564 by year five. Five-year ROI reaches 111.93% and total cumulative return in cash sums $163,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,028/mo property income covering a $2,154/mo payment, not borrower’s personal income.
Single Family
Built in 2018
5,527 sqft lot
$N/A/sqft
No 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: Kamalpreet K. Wade • Real Broker
Mls Name: Fresno MLS
Mls ID: #627099