8311 N 6th StFresnoCA93720
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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 8311 N 6th St, Fresno, CA, 93720 offers $5,768/mo rent that, after a $3,619/mo payment, leaves $1,194/mo cash flow. Total monthly income is $5,768/mo, and annual cash flow is $14,326/yr on $243,296 cash. Return on cash invested measures 25.95% in year one, and rental yield stands at 9.36% at a $739,500 entry. Equity gained on principal adds $4,772/yr while 5% annual appreciation compounds into $204,310 by year five. Five-year ROI records 135.19% and total cumulative return in cash reaches $328,905. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,768/mo property income versus a $3,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
9,430 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
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Listed by: Pennie Montgomery-Woods • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #617763
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.