7233 N Thorne AveFresnoCA93650
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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 7233 N Thorne Ave, Fresno, CA, 93650 offers a 8.14% rental yield on a $399,000 purchase with $2,708/mo rent. Total monthly income registers $2,708/mo, and a $1,953/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,875/yr on $132,269 to close, and return on cash invested stands at 22.08% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 114.5% and total cumulative return in cash at $151,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,708/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93650, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 308 (24.4%) |
| Renter Occupied HU | 893 (70.9%) |
| Vacant Housing Units | 59 ( 4.7%) |
| Median Home Value | $405,882 |
| Average Home Value | $478,028 |
Housing Distribution
Address Breakdown
Residential
1,457
Single Family
1,299
Multi-Family
158
Businesses
297
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Listed by: Sarita Johnson • Century 21 Jordan-Link & Compa
Mls Name: Fresno MLS
Mls ID: #634090