555 W Ashcroft AveClovisCA93612
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 555 W Ashcroft Ave, Clovis, CA, 93612 with 5% annual appreciation on a $450,000 basis while $3,002/mo rent supports operations. Total monthly income totals $3,002/mo and a $2,203/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,613/yr on $149,175 deployed, and return on cash invested reaches 21.66% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 8.01%. Five-year ROI measures 112.23% and total cumulative return in cash totals $167,418.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,002/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
7,649 sqft lot
$N/A/sqft
No 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: Olidia Mejorado • Venture Realty Group
Mls Name: Fresno MLS
Mls ID: #640753