624 Clemson AveLemooreCA93245
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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 Lemoore at 624 Clemson Ave, Lemoore, CA, 93245 offers a 13.76% rental yield on a $422,200 purchase with $4,841/mo rent. Total monthly income registers $4,841/mo, and a $2,066/mo payment leaves $2,230/mo available for distribution. Annual cash flow reaches $26,756/yr on $139,959 to close, and return on cash invested stands at 39.03% in year one. Equity gained on principal adds $2,724/yr while 5% annual appreciation supports $116,646 over five years. Portfolio math shows five-year ROI at 205.35% and total cumulative return in cash at $287,402. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,841/mo property income against a $2,066/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93245, Lemoore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 6,236 (46.3%) |
| Renter Occupied HU | 6,351 (47.2%) |
| Vacant Housing Units | 870 ( 6.5%) |
| Median Home Value | $354,338 |
| Average Home Value | $398,054 |
Housing Distribution
Address Breakdown
Residential
12,775
Single Family
11,654
Multi-Family
1,121
Businesses
614
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A