728 W University AveFresnoCA93705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 728 W University Ave, Fresno, CA, 93705 priced at $199,000 converts $1,681/mo rent into $450/mo cash flow after a $974/mo obligation. Total monthly income equals $1,681/mo, and annual cash flow totals $5,399/yr on $65,969 invested. Return on cash invested prints 28.09% in year one, and rental yield reads 10.14% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 146.73% and total cumulative return in cash sums $96,798. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,681/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1947
7,384 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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Nearby investment properties with comparable prices
Listed by: Kim H. McManaman • London Properties-Clovis
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #611806
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.