2480 Buckingham WayClovisCA93611
Nearby investment properties with comparable rents
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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 2480 Buckingham Way, Clovis, CA, 93611 offers $4,236/mo rent that, after a $3,549/mo payment. Total monthly income is $4,236/mo. Return on cash invested measures 18.81% in year one, and rental yield stands at 7.01% at a $725,000 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,304 by year five. Five-year ROI records 96.89% and total cumulative return in cash reaches $231,113. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,236/mo property income versus a $3,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
8,969 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: Tracy de Jong • Realty Concepts, Ltd. - Clovis
Mls Name: Fresno MLS
Mls ID: #626894