1502 Redbrick Ln,Clovis,CA,93619

Investment Highlights

Rental property for sale in Clovis at 1502 Redbrick Ln, Clovis, CA, 93619 generates $2,992/mo in rent and, after a $2,217/mo payment, leaves $58/mo in cash flow. Total monthly income is $2,992/mo, and annual cash flow is $695/yr on $150,166 invested. Return on cash invested sits at 20.37% in year one, and rental yield is 7.93% on a $452,990 entry. Equity gained on principal adds $2,923/yr, while 5% annual appreciation builds toward $125,153 over five years. Five-year ROI reaches 105.69% and total cumulative return in cash sums $158,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,992/mo property income rather than buyer’s personal income.