7538 N Erie 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 7538 N Erie Ave, Fresno, CA, 93722 with 5% annual appreciation on a $564,995 basis while $4,151/mo rent supports operations. Total monthly income totals $4,151/mo and a $2,765/mo payment preserves $562/mo for cash returns. Annual cash flow comes to $6,739/yr on $185,883 deployed, and return on cash invested reaches 23.69% in year one. Equity gained on principal adds $3,646/yr, and five-year appreciation sums $156,098 alongside rental yield of 8.82%. Five-year ROI measures 123.28% and total cumulative return in cash totals $229,154.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,151/mo property income versus a $2,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
8,398 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: Manpreet K. Gill • Keller Williams Fresno
Mls Name: Fresno MLS
Mls ID: #627675