16508 S Clovis AveSelmaCA93662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Selma at 16508 S Clovis Ave, Selma, CA, 93662 listed at $1,599,000 pairs $2,234/mo rent with a $7,826/mo payment. Total monthly income runs $2,234/mo. Return on cash invested measures 2.63% in year one, and rental yield registers 1.68% at a $1,599,000 basis. Equity gained on principal adds $10,318/yr, and annual property appreciation at 5% supports $441,774 by year five. Five-year ROI tracks 10.1% and total cumulative return in cash totals $52,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,234/mo property income relative to a $7,826/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
40.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93662, Selma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 4,965 (53.5%) |
| Renter Occupied HU | 3,990 (43.0%) |
| Vacant Housing Units | 318 ( 3.4%) |
| Median Home Value | $355,755 |
| Average Home Value | $401,435 |
Housing Distribution
Address Breakdown
Residential
8,992
Single Family
8,389
Multi-Family
603
Businesses
769
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Listed by: Fernando Manuel Santos • Sierra View Realty, Inc
Mls Name: Kings County MLS
Mls ID: #233394