7198 N Ivanhoe AveFresnoCA93722
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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 7198 N Ivanhoe Ave, Fresno, CA, 93722 uses $157,463 cash to close to unlock $2,681/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $3,162/mo, and a $2,325/mo payment keeps the spread at $223/mo. Purchase price stands at $475,000, and rental yield measures 7.99% with $3,162/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 111.98% and total cumulative return in cash records $176,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,162/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1992
9,600 sqft lot
$N/A/sqft
No 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: Braithan Stoltenberg • eXp Realty of California, Inc.
Mls Name: Fresno MLS
Mls ID: #641253