988 E Edgemont DrFresnoCA93720
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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 988 E Edgemont Dr, Fresno, CA, 93720 earns $87/mo cash flow from $3,594/mo rent with a $2,716/mo payment. Total monthly income totals $3,594/mo, and annual cash flow totals $1,039/yr on $182,595 capital. ROI tracks 20.63% on current figures, and rental yield reads 7.77% at a $555,000 purchase. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 over five years. Five-year ROI reaches 106.85% and total cumulative return in cash sums $195,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,594/mo property income instead of your personal income.
Single Family
Built in 1990
7,405 sqft lot
$N/A/sqft
$125 quarterly 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: Sonia Heer • Golden State Realty
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #619072
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.