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Clovis, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,371
Monthly Cash Flow
-$760
Principal + Equity
$2,996
Annual Total Gain
$26,840
Cash on Cash
-7.07%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$189
Occupancy Rate
63.33%
Monthly Revenue
$2,425
Monthly Cash Flow
-$1,069
Principal + Equity
$2,996
Annual Total Gain
$23,126
Cash on Cash %
-9.96%
Net ROI %
Market Health & Growth
Median Income
$100,360
Population
122,719
LTR Renter %
33.81%
Forecast (1 yr)
1.37%
Appreciation (1 yr)
-0.62%
Appreciation (5 yr)
36.67%
Appreciation (10 yr)
80.03%
Job Growth
0.7%
LTR Rentability
Moderate
STR Demand
67
STR Rentals
302
Top Public Schools
AUniversity High School
AClovis North High School
A
A
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Suburbs in California
#75out of 526 markets
Best Suburbs to Raise a Family in California
#150out of 526 markets
Suburbs with the Best Public Schools in California
#145out of 526 markets
A-
Public School
C
Crime And Safety
C
Housing
C
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Clovis, CA.
As of September 2021, Clovis, CA does not have specific regulations in place for short-term rentals (STRs). However, it is important for investors to be aware that the city may implement regulations in the future, as the popularity of STRs continues to grow.
Investors should also be aware of any homeowner association (HOA) rules and regulations that may restrict or prohibit STRs in certain neighborhoods or developments. It is important to thoroughly review any HOA documents before purchasing a property for use as an STR.
Additionally, investors should consider the potential impact of transient occupancy taxes (TOT) on their investment. TOT is a tax imposed on guests who stay in hotels, motels, and other short-term lodging accommodations. While Clovis does not currently have a TOT in place for STRs, this could change in the future.
Overall, investors should thoroughly research and understand the current regulations and potential future changes related to STRs in Clovis before making a decision to purchase a property for short-term rental purposes.
Market Trends Over Time
Explore 25 years of market data for Clovis, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Clovis, CA.
The LTR Genie Score of Clovis, CA is 70 and STR Genie Score is 59, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, suggesting that there is demand for long-term rentals in the area. The LTR Net ROI of 20.83% is relatively high, indicating a potentially profitable long-term rental market. However, the STR Genie Score of 59 and STR Net ROI of 17.95% are slightly lower, suggesting that the short-term rental market may not be as lucrative in Clovis.
Clovis, CA is a growing city located in the Fresno County area, known for its family-friendly neighborhoods and good schools. The 1-Year Price Appreciation Forecast of 1.37% indicates a stable market with potential for modest growth. The STR Occupancy rate of 63.33% and STR Revenue of 2425 suggest that there is demand for short-term rentals, but the overall profitability may be lower compared to long-term rentals.
In conclusion, Clovis, CA presents a moderate opportunity for both long-term and short-term rental investments. Real estate investors may find success in the long-term rental market due to the high LTR Net ROI and moderate LTR Genie Score. However, those considering short-term rentals should carefully evaluate the market dynamics and potential returns before making an investment decision.
