7166 N Fruit Ave APT 107FresnoCA93711
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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 7166 N Fruit Ave APT 107, Fresno, CA, 93711 offers a 9.41% rental yield on a $270,000 purchase with $2,118/mo rent. Total monthly income registers $2,118/mo, and a $1,322/mo payment leaves $26/mo available for distribution. Annual cash flow reaches $307/yr on $89,505 to close, and return on cash invested stands at 20.25% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 106.73% and total cumulative return in cash at $95,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
1,006 sqft lot
$N/A/sqft
$333 monthly 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: Cassie M. Razo • Century 21 Jordan-Link & Compa
Mls Name: Fresno MLS
Mls ID: #627526