486 W Alamos Avenue #3ClovisCA93612
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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 486 W Alamos Avenue #3, Clovis, CA, 93612 earns $292/mo cash flow from $1,786/mo rent with a $945/mo payment. Total monthly income totals $1,786/mo, and annual cash flow totals $3,500/yr on $63,980 capital. ROI tracks 25.38% on current figures, and rental yield reads 11.1% at a $193,000 purchase. Equity gained on principal adds $1,245/yr, and 5% annual appreciation supports $53,322 over five years. Five-year ROI reaches 134.23% and total cumulative return in cash sums $85,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,786/mo property income instead of your personal income.
Condo
Built in 1971
440 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
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Listed by: Angela M Myers • Berkshire Hathaway HomeServices California Realty
Mls Name: TCMLS
Mls Provider:
Mls ID: #235901
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.