1263 N Locan AveClovisCA93619
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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 1263 N Locan Ave, Clovis, CA, 93619 offers $4,508/mo rent that, after a $5,864/mo payment. Total monthly income is $4,508/mo. Return on cash invested measures 11.35% in year one, and rental yield stands at 4.52% at a $1,198,000 entry. Equity gained on principal adds $7,731/yr while 5% annual appreciation compounds into $330,985 by year five. Five-year ROI records 56.88% and total cumulative return in cash reaches $220,771. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,508/mo property income versus a $5,864/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.41 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Massoud Davar • Davar & Co
Mls Name: Fresno MLS
Mls ID: #628130