1001 Cannes Ave,Modesto,CA,95351

Investment Highlights

Investment property for sale in Modesto at 1001 Cannes Ave, Modesto, CA, 95351 offers a 7.63% rental yield on a $380,000 purchase with $2,416/mo rent. Total monthly income registers $2,416/mo, and a $1,860/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $470/yr on $125,970 to close, and return on cash invested stands at 20.28% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 104.96% and total cumulative return in cash at $132,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,416/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.