1508 Redbrick LnClovisCA93619
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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 1508 Redbrick Ln, Clovis, CA, 93619 uses $150,166 cash to close to unlock $695/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $2,992/mo, and a $2,217/mo payment keeps the spread at $58/mo. Purchase price stands at $452,990, and rental yield measures 7.93% with $2,992/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $125,153 over five years. Five-year ROI reaches 105.69% and total cumulative return in cash records $158,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,992/mo property income covering a $2,217/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1,981 sqft lot
$N/A/sqft
$132 monthly HOA
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Listed by: Doreen A. Davis • Wilson Homes, Inc
Mls Name: Fresno MLS
Mls ID: #639535