1504 Scott 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
Investment property for sale in Clovis at 1504 Scott Ave, Clovis, CA, 93611 listed at $412,500 pairs $3,098/mo rent with a $2,019/mo payment to leave $546/mo cash flow. Total monthly income runs $3,098/mo, and annual cash flow reaches $6,554/yr on $136,744 cash to close. Return on cash invested measures 24.7% in year one, and rental yield registers 9.01% at a $412,500 basis. Equity gained on principal adds $2,662/yr, and annual property appreciation at 5% supports $113,966 by year five. Five-year ROI tracks 128.56% and total cumulative return in cash totals $175,804. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,098/mo property income relative to a $2,019/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
6,825 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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Listed by: Miguel Gonzalez • Park Place Real Estate
Mls Name: Fresno MLS
Mls ID: #640844