2543 Purvis 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 2543 Purvis Ave, Clovis, CA, 93611 at $449,900 posts ROI 29.18% with $1,152/mo cash flow from $4,046/mo rent. Total monthly income equals $4,046/mo, and annual cash flow records $13,823/yr on $149,142 to close. Return on cash invested measures 29.18% and rental yield reads 10.79% at the current $449,900. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 by year five. Five-year ROI prints 152.86% and total cumulative return in cash totals $227,974.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,046/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
7,810 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: Gracelyn Martinez • Iron Key Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #617392
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.