1013 Claremont CtModestoCA95356
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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
Rental property for sale in Modesto at 1013 Claremont Ct, Modesto, CA, 95356 priced at $344,999 converts $2,639/mo rent into $495/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,639/mo, and annual cash flow totals $5,939/yr on $114,367 invested. Return on cash invested prints 25.1% in year one, and rental yield reads 9.18% against a $344,999 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 130.71% and total cumulative return in cash sums $149,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,639/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1978
1,603 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,484 (100%) |
| Owner Occupied HU | 7,947 (58.9%) |
| Renter Occupied HU | 5,073 (37.6%) |
| Vacant Housing Units | 464 ( 3.4%) |
| Median Home Value | $543,050 |
| Average Home Value | $611,001 |
Housing Distribution
Address Breakdown
Residential
12,633
Single Family
11,110
Multi-Family
1,523
Businesses
1,021
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Listed by: Jose Diaz • EXIT REALTY CONSULTANTS
Mls Name: Exit Realty
Mls Provider:
Mls ID: #225019259