3278 Magnolia AveClovisCA93611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3278 Magnolia Ave, Clovis, CA, 93611 priced at $779,000 pairs $3,956/mo rent with after a $3,813/mo payment. Total monthly income equals $3,956/mo. Return on cash invested is 15.54% in year one, and rental yield stands at 6.09% on a $779,000 basis. Equity gained on principal adds $5,027/yr, and 5% annual appreciation accumulates to $215,223 by year five. Five-year ROI measures 79.55% and total cumulative return in cash reaches $203,882. For financing, Ziffy Mortgage’s DSCR program evaluates $3,956/mo property income against a $3,813/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
9,165 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abdulaziz M. Al-Zamzami • Northridge Homes Inc
Mls Name: Fresno MLS
Mls ID: #630088