578 W Mahogany LnClovisCA93611
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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 578 W Mahogany Ln, Clovis, CA, 93611 offers a 9.23% rental yield on a $399,950 purchase with $3,077/mo rent. Total monthly income registers $3,077/mo, and a $1,958/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,765/yr on $132,583 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,499 over five years. Portfolio math shows five-year ROI at 111.51% and total cumulative return in cash at $147,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,077/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
1,276 sqft lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93611, Clovis, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,356 (100%) |
| Owner Occupied HU | 12,002 (69.2%) |
| Renter Occupied HU | 4,661 (26.9%) |
| Vacant Housing Units | 693 ( 4.0%) |
| Median Home Value | $477,221 |
| Average Home Value | $523,157 |
Housing Distribution
Address Breakdown
Residential
17,081
Single Family
16,155
Multi-Family
926
Businesses
949
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Listed by: Sarah Hedrick • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #623945