1016 Lombardy DrModestoCA95351
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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 Modesto at 1016 Lombardy Dr, Modesto, CA, 95351 listed at $429,900 pairs $2,687/mo rent with a $2,104/mo payment to leave $28/mo cash flow. Total monthly income runs $2,687/mo, and annual cash flow reaches $333/yr on $142,512 cash to close. Return on cash invested measures 20.14% in year one, and rental yield registers 7.5% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 104.08% and total cumulative return in cash totals $148,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,687/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
6,725 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95351, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,612 (100%) |
| Owner Occupied HU | 6,403 (47.0%) |
| Renter Occupied HU | 6,749 (49.6%) |
| Vacant Housing Units | 460 ( 3.4%) |
| Median Home Value | $376,029 |
| Average Home Value | $409,122 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,139
Multi-Family
1,100
Businesses
1,333
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Listed by: Axis Team • Aspire Homes
Mls Name: MLSListings Inc
Mls ID: #ML82030979