1001 Sylmar Ave SPACE 123ClovisCA93612
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
Rental property for sale in Clovis at 1001 Sylmar Ave SPACE 123, Clovis, CA, 93612 generates $2,446/mo in rent and, after a $661/mo payment, leaves $861/mo in cash flow. Total monthly income is $2,446/mo, and annual cash flow is $10,327/yr on $44,753 invested. Return on cash invested sits at 42.99% in year one, and rental yield is 21.74% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 233.93% and total cumulative return in cash sums $104,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,446/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
$750 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93612, Clovis, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,346 (100%) |
| Owner Occupied HU | 5,698 (34.9%) |
| Renter Occupied HU | 9,714 (59.4%) |
| Vacant Housing Units | 934 ( 5.7%) |
| Median Home Value | $376,731 |
| Average Home Value | $387,303 |
Housing Distribution
Address Breakdown
Residential
14,958
Single Family
11,899
Multi-Family
3,059
Businesses
1,707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana K. Smith • Real Broker
Mls Name: Fresno MLS
Mls ID: #619530