2162 Decatur AvenueClovisCA93611
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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 2162 Decatur Avenue, Clovis, CA, 93611 offers a 8.12% rental yield on a $635,000 purchase with $4,295/mo rent. Total monthly income registers $4,295/mo, and a $3,108/mo payment leaves $367/mo available for distribution. Annual cash flow reaches $4,401/yr on $208,915 to close, and return on cash invested stands at 22.17% in year one. Equity gained on principal adds $4,098/yr while 5% annual appreciation supports $175,439 over five years. Portfolio math shows five-year ROI at 114.91% and total cumulative return in cash at $240,068. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,295/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7,992 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: Irma S Soltero-Sparks • Century 21 Jordan-Link & Co
Mls Name: TCMLS
Mls ID: #237298