1748 Griffith 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
Rental property for sale in Clovis at 1748 Griffith Ave, Clovis, CA, 93611 generates $3,446/mo in rent and, after a $1,933/mo payment, leaves $1,003/mo in cash flow. Total monthly income is $3,446/mo, and annual cash flow is $12,033/yr on $130,943 invested. Return on cash invested sits at 29.1% in year one, and rental yield is 10.47% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 152.11% and total cumulative return in cash sums $199,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,446/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
7,350 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: Rado L Tadich III • Clovis 1st Real Estate Servic
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #612798
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.