1114 Burlingame AveClovisCA93612
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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 Clovis at 1114 Burlingame Ave, Clovis, CA, 93612 with 5% annual appreciation on a $399,000 basis while $2,689/mo rent supports operations. Total monthly income totals $2,689/mo and a $1,953/mo payment preserves $206/mo for cash returns. Annual cash flow comes to $2,472/yr on $132,269 deployed, and return on cash invested reaches 21.78% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 8.09%. Five-year ROI measures 112.9% and total cumulative return in cash totals $149,330.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,689/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
6,499 sqft lot
$N/A/sqft
No 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
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Listed by: Brad W. Thompson • Oakhurst Real Estate
Mls Name: Fresno MLS
Mls ID: #628438