2366 Escalon 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
Rental property for sale in Clovis at 2366 Escalon Ave, Clovis, CA, 93611 priced at $439,950 converts $4,182/mo rent into $1,461/mo cash flow after a $2,153/mo obligation. Total monthly income equals $4,182/mo, and annual cash flow totals $17,529/yr on $145,843 invested. Return on cash invested prints 31.93% in year one, and rental yield reads 11.41% against a $439,950 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,550 by year five. Five-year ROI reaches 167.29% and total cumulative return in cash sums $243,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,182/mo property income covering a $2,153/mo payment, not borrower’s personal income.
Single Family
Built in 1988
9,928 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 Hedrick • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #617544
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