20333 S Clovis AvenueLatonCA93242
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 20333 S Clovis Avenue, Laton, CA, 93242 in Laton is a conservative rental investment at $618,500. Rental yield 6.28%. A 1.16 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $170,880; $5,696/yr in principal paydown supplements. Total projected return: $196,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 5.0% |
| Monthly Cash Flow | $(591) | $300 |
City averages based on Laton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,235 |
| Total Monthly Debt Service | $3,580 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93242, Laton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 511 (51.0%) |
| Renter Occupied HU | 434 (43.4%) |
| Vacant Housing Units | 56 ( 5.6%) |
| Median Home Value | $406,757 |
| Average Home Value | $501,311 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
52
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
Single Family
Built in 1998
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93242, Laton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 511 (51.0%) |
| Renter Occupied HU | 434 (43.4%) |
| Vacant Housing Units | 56 ( 5.6%) |
| Median Home Value | $406,757 |
| Average Home Value | $501,311 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick Perez • Real Brokerage Technologies-Visalia
Mls Name: TCMLS
Mls ID: #236475