481 W Santa Ana Ave APT 1ClovisCA93612
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 481 W Santa Ana Ave APT 1, Clovis, CA, 93612 priced at $235,900 pairs $1,834/mo rent with $48/mo cash flow after a $1,155/mo payment. Total monthly income equals $1,834/mo, and annual cash flow comes to $578/yr on $78,201 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 9.33% on a $235,900 basis. Equity gained on principal adds $1,522/yr, and 5% annual appreciation accumulates to $65,175 by year five. Five-year ROI measures 108.67% and total cumulative return in cash reaches $84,983. For financing, Ziffy Mortgage’s DSCR program evaluates $1,834/mo property income against a $1,155/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1971
779.72 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93612, Clovis, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,346 (100%) |
| Owner Occupied HU | 5,698 (34.9%) |
| Renter Occupied HU | 9,714 (59.4%) |
| Vacant Housing Units | 934 ( 5.7%) |
| Median Home Value | $376,731 |
| Average Home Value | $387,303 |
Housing Distribution
Address Breakdown
Residential
14,958
Single Family
11,899
Multi-Family
3,059
Businesses
1,707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susana Santacruz • All State Homes
Mls Name: Fresno MLS
Mls ID: #625051