7675 N 1st St APT 136FresnoCA93720
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
Investment property for sale in Fresno at 7675 N 1st St APT 136, Fresno, CA, 93720 uses $89,472 cash to close to unlock $6,845/yr annual cash flow and $570/mo monthly cash flow. Total monthly income runs $2,240/mo, and a $1,321/mo payment keeps the spread at $570/mo. Purchase price stands at $269,900, and rental yield measures 9.96% with $2,240/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 143.89% and total cumulative return in cash records $128,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,240/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Condo
Built in 1985
1,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93720, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,850 (100%) |
| Owner Occupied HU | 10,815 (54.5%) |
| Renter Occupied HU | 8,056 (40.6%) |
| Vacant Housing Units | 979 ( 4.9%) |
| Median Home Value | $483,329 |
| Average Home Value | $533,221 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
18,016
Multi-Family
1,957
Businesses
1,551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda David • Powerhouse Realty
Mls Name: MetroList Services of CA
Mls ID: #226006328