2436 Megan 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 2436 Megan Ave, Clovis, CA, 93611 generates $3,161/mo in rent, after a $2,839/mo payment. Total monthly income is $3,161/mo. Return on cash invested sits at 16.23% in year one, and rental yield is 6.54% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 83.52% and total cumulative return in cash sums $159,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,161/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
8,955 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: Jade Linhthasack • BHGRE Integrity Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225022373
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