2237 Sylmar Ave APT 2ClovisCA93612
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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 2237 Sylmar Ave APT 2, Clovis, CA, 93612 generates $1,738/mo in rent and, after a $1,021/mo payment, leaves $146/mo in cash flow. Total monthly income is $1,738/mo, and annual cash flow is $1,746/yr on $69,118 invested. Return on cash invested sits at 22.44% in year one, and rental yield is 10% on a $208,500 entry. Equity gained on principal adds $1,345/yr, while 5% annual appreciation builds toward $57,605 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash sums $81,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,738/mo property income rather than buyer’s personal income.
Condo
Built in 1971
435 sqft lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93612, Clovis, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,346 (100%) |
| Owner Occupied HU | 5,698 (34.9%) |
| Renter Occupied HU | 9,714 (59.4%) |
| Vacant Housing Units | 934 ( 5.7%) |
| Median Home Value | $376,731 |
| Average Home Value | $387,303 |
Housing Distribution
Address Breakdown
Residential
14,958
Single Family
11,899
Multi-Family
3,059
Businesses
1,707
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