1500 N Villa Ave #32ClovisCA93612
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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 1500 N Villa Ave #32, Clovis, CA, 93612 offers a 9.36% rental yield on a $109,000 purchase with $850/mo rent. Total monthly income registers $850/mo, and a $534/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,102/yr on $36,134 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 134.16% and total cumulative return in cash at $48,478. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $850/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
N/A 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: Joan D Lumpkin • Handle With Care Properties
Mls Name: Fresno MLS
Mls ID: #636359