2334 Sierra Madre 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
Investment property for sale in Clovis at 2334 Sierra Madre Ave, Clovis, CA, 93611 uses $197,236 cash to close to unlock $704/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $3,767/mo, and a $2,934/mo payment keeps the spread at $59/mo. Purchase price stands at $599,500, and rental yield measures 7.54% with $3,767/mo rent. Return on cash invested shows 20.42% in year one, and 5% annual appreciation builds toward $165,631 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash records $208,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,767/mo property income covering a $2,934/mo payment rather than investor’s personal income.
Single Family
Built in 1998
8,881 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: Sarah Wilcox • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #639202