2691 Morris 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 2691 Morris Ave, Clovis, CA, 93611 listed at $545,500 pairs $2,754/mo rent with a $2,670/mo payment. Total monthly income runs $2,754/mo. Return on cash invested measures 15.91% in year one, and rental yield registers 6.06% at a $545,500 basis. Equity gained on principal adds $3,520/yr, and annual property appreciation at 5% supports $150,712 by year five. Five-year ROI tracks 81.37% and total cumulative return in cash totals $146,029. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,754/mo property income relative to a $2,670/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
6,629 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: Rosario S. Sepulveda • Rio Mesa Realty
Mls Name: Fresno MLS
Mls ID: #638363