719 N Fordham AveClovisCA93611
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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 719 N Fordham Ave, Clovis, CA, 93611 earns $758/mo cash flow from $3,025/mo rent with a $1,733/mo payment. Total monthly income totals $3,025/mo, and annual cash flow totals $9,093/yr on $117,351 capital. ROI tracks 27.66% on current figures, and rental yield reads 10.25% at a $354,000 purchase. Equity gained on principal adds $2,284/yr, and 5% annual appreciation supports $97,804 over five years. Five-year ROI reaches 144.67% and total cumulative return in cash sums $169,774. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,025/mo property income instead of your personal income.
Single Family
Built in 1992
7,448 sqft lot
$N/A/sqft
No 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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