1010 S Clovis Ave APT 104FresnoCA93727
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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 1010 S Clovis Ave APT 104, Fresno, CA, 93727 uses $87,848 cash to close to unlock $632/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $2,162/mo, and a $1,297/mo payment keeps the spread at $53/mo. Purchase price stands at $265,000, and rental yield measures 9.79% with $2,162/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 109.04% and total cumulative return in cash records $95,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,162/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1986
1,319 sqft lot
$N/A/sqft
$470 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93727, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,610 (100%) |
| Owner Occupied HU | 17,231 (58.2%) |
| Renter Occupied HU | 11,297 (38.2%) |
| Vacant Housing Units | 1,082 ( 3.7%) |
| Median Home Value | $421,096 |
| Average Home Value | $470,917 |
Housing Distribution
Address Breakdown
Residential
27,528
Single Family
23,870
Multi-Family
3,658
Businesses
1,671
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Listed by: Jason Farris • Real Broker
Mls Name: Fresno MLS
Mls ID: #623428