2917 Stanford 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 2917 Stanford Ave, Clovis, CA, 93611 generates $2,465/mo in rent and, after a $1,835/mo payment, leaves $146/mo in cash flow. Total monthly income is $2,465/mo, and annual cash flow is $1,748/yr on $124,296 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 7.89% on a $374,950 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,592 over five years. Five-year ROI reaches 110.39% and total cumulative return in cash sums $137,207. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,465/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
7,875 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: #623453
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.