1500 W Villa Ave #33ClovisCA93612
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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 1500 W Villa Ave #33, Clovis, CA, 93612 priced at $116,000 pairs $2,010/mo rent with $1,292/mo cash flow after a $568/mo payment. Total monthly income equals $2,010/mo, and annual cash flow comes to $15,506/yr on $38,454 invested. Return on cash invested is 60.23% in year one, and rental yield stands at 20.79% on a $116,000 basis. Equity gained on principal adds $749/yr, and 5% annual appreciation accumulates to $32,049 by year five. Five-year ROI measures 319.21% and total cumulative return in cash reaches $122,747. For financing, Ziffy Mortgage’s DSCR program evaluates $2,010/mo property income against a $568/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1966
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: Maria Fotopoulos • HomeSmart PV and Associates
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616766
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.