1992 Kelly LnClovisCA93611
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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 1992 Kelly Ln, Clovis, CA, 93611 uses $149,175 cash to close to unlock $1,329/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $3,078/mo, and a $2,203/mo payment keeps the spread at $111/mo. Purchase price stands at $449,999, and rental yield measures 8.21% with $3,078/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $124,326 over five years. Five-year ROI reaches 108.15% and total cumulative return in cash records $161,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,078/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2020
2,160 sqft lot
$N/A/sqft
$96 monthly 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: Amanda Miller • eXp Realty of Northern Califor
Mls Name: Fresno MLS
Mls ID: #629116