486 W Alamos Avenue UNIT 3ClovisCA93612
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.92% yield at 486 W Alamos Avenue UNIT 3, Clovis, CA, 93612 in Clovis is solid, but the $998/mo payment compresses net cash flow to $121/mo at $222,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $61,335 by year five, and $2,045/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.84) without U.S. income documentation. Total projected return: $93,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.0% |
| Monthly Cash Flow | $121 | $200 |
City averages based on Clovis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,836 |
| Total Monthly Debt Service | $1,626 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela M Myers • Berkshire Hathaway HomeServices California Realty
Mls Name: TCMLS
Mls Provider:
Mls ID: #232924
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-02-12 14:20:30 PST. 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.