741 W Myers AveFresnoCA93706
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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
Rental property for sale in Fresno at 741 W Myers Ave, Fresno, CA, 93706 offers $1,917/mo rent that, after a $1,370/mo payment, leaves $185/mo cash flow. Total monthly income is $1,917/mo, and annual cash flow is $2,224/yr on $92,820 cash. Return on cash invested measures 22.3% in year one, and rental yield stands at 8.22% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 115.72% and total cumulative return in cash reaches $107,409. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,917/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93706, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 4,679 (39.3%) |
| Renter Occupied HU | 6,527 (54.9%) |
| Vacant Housing Units | 693 ( 5.8%) |
| Median Home Value | $305,216 |
| Average Home Value | $400,729 |
Housing Distribution
Address Breakdown
Residential
11,070
Single Family
10,550
Multi-Family
520
Businesses
1,006
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Listed by: Gregory Kosareff • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #640050