464 Heritage AveClovisCA93619
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
Investment property for sale in Clovis at 464 Heritage Ave, Clovis, CA, 93619 uses $229,313 cash to close to unlock $4,542/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $4,738/mo, and a $3,411/mo payment keeps the spread at $379/mo. Purchase price stands at $697,000, and rental yield measures 8.16% with $4,738/mo rent. Return on cash invested shows 22.04% in year one, and 5% annual appreciation builds toward $192,568 over five years. Five-year ROI reaches 114.33% and total cumulative return in cash records $262,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,738/mo property income covering a $3,411/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Dyer • RE/MAX Gold
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #617460
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.