6883 E Erin 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
Investment property for sale in Fresno at 6883 E Erin Ave, Fresno, CA, 93727 offers a 7.6% rental yield on a $505,000 purchase with $3,198/mo rent. 03% in year one. Equity gained on principal adds $3,259/yr while 5% annual appreciation supports $139,522 over five years. Portfolio math shows five-year ROI at 103.66% and total cumulative return in cash at $172,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,198/mo property income against a $2,472/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
6,111 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: Rado L Tadich III • Clovis 1st Real Estate Servic
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #613361
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.