1009 Atlantic DrModestoCA95358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Modesto at 1009 Atlantic Dr, Modesto, CA, 95358 generates $2,539/mo in rent and, after a $1,958/mo payment, leaves $64/mo in cash flow. Total monthly income is $2,539/mo, and annual cash flow is $772/yr on $132,600 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 7.62% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 105.98% and total cumulative return in cash sums $140,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,539/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
6,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95358, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,162 (100%) |
| Owner Occupied HU | 5,448 (59.5%) |
| Renter Occupied HU | 3,425 (37.4%) |
| Vacant Housing Units | 289 ( 3.2%) |
| Median Home Value | $478,429 |
| Average Home Value | $585,853 |
Housing Distribution
Address Breakdown
Residential
8,705
Single Family
8,704
Multi-Family
1
Businesses
465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcos Serrano • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225015404
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.