113 Armstrong AveClovisCA93611
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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
Rental property for sale in Clovis at 113 Armstrong Ave, Clovis, CA, 93611 offers $3,205/mo rent that, after a $922/mo payment, leaves $1,849/mo cash flow. Total monthly income is $3,205/mo, and annual cash flow is $22,192/yr on $62,454 cash. Return on cash invested measures 55.44% in year one, and rental yield stands at 20.41% at a $188,397 entry. Equity gained on principal adds $1,216/yr while 5% annual appreciation compounds into $52,051 by year five. Five-year ROI records 294.75% and total cumulative return in cash reaches $184,081. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,205/mo property income versus a $922/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
9,844 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93611, Clovis, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,356 (100%) |
| Owner Occupied HU | 12,002 (69.2%) |
| Renter Occupied HU | 4,661 (26.9%) |
| Vacant Housing Units | 693 ( 4.0%) |
| Median Home Value | $477,221 |
| Average Home Value | $523,157 |
Housing Distribution
Address Breakdown
Residential
17,081
Single Family
16,155
Multi-Family
926
Businesses
949
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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