495 W Santa Ana Ave APT 2ClovisCA93612
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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 495 W Santa Ana Ave APT 2, Clovis, CA, 93612 offers a 8.7% rental yield on a $211,000 purchase with $1,530/mo rent. 58% in year one. Equity gained on principal adds $1,362/yr while 5% annual appreciation supports $58,295 over five years. Portfolio math shows five-year ROI at 92.65% and total cumulative return in cash at $64,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,530/mo property income against a $1,033/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
439.96 sqft lot
$N/A/sqft
$280 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: Michelle L. Carpenter • Real Broker
Mls Name: Fresno MLS
Mls ID: #633757