Single-Family Home on East Clay Avenue, Fresno, CA
Property DescriptionIf you looking for an investment property or your first home, look no further. This property built in 2001 sits on a oversize lot generating $900 a month in rent, just under 2,000sqft this home is equipped with 6 bedrooms and 2 bathrooms. Please dont disturb the tenants or walk the grounds. Submit offers subject to walk through inspection. Appraised value $155,000
- Property Type: Single-Family Home
- Year Built:2001
- Square Footage:1916.00
- Lot Size: 6300.00 SqFt (0.14 acres)
- Baths:2.00 (Tub/Shower)
- Siding / Exterior:Stucco
- Features: Fenced
- Air Conditioning / Heating:Central Heat & Cool
- Water/Sewer:Public Water, Public Sewer
- Appliances:F/S Range/Oven
- School District:Fresno Unified
- High School:Fresno
- Junior High School:Fort Miller
- Grade School:Heaton
- Listing Broker:Paul Gestic
- Listing Office:Fresno Income Properties
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.