7671 N Ricewood AveFresnoCA93711
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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 7671 N Ricewood Ave, Fresno, CA, 93711 earns from $5,605/mo rent with a $6,216/mo payment. Total monthly income totals $5,605/mo. ROI tracks 12.92% on current figures, and rental yield reads 5.3% at a $1,270,000 purchase. Equity gained on principal adds $8,195/yr, and 5% annual appreciation supports $350,878 over five years. Five-year ROI reaches 65.58% and total cumulative return in cash sums $269,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,605/mo property income instead of your personal income.
Single Family
Built in 1989
0.42 Acres lot
$N/A/sqft
$330 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93711, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 9,772 (57.8%) |
| Renter Occupied HU | 6,306 (37.3%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $520,990 |
| Average Home Value | $615,842 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
14,259
Multi-Family
2,221
Businesses
1,792
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Listed by: Sabrina Brown • Pink Key Real Estate
Mls Name: Fresno MLS
Mls ID: #632391