1030 Mount Vernon DrModestoCA95350
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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
Investment property for sale in Modesto at 1030 Mount Vernon Dr, Modesto, CA, 95350 at $598,000 posts ROI 25.9% with $958/mo cash flow from $4,830/mo rent. Total monthly income equals $4,830/mo, and annual cash flow records $11,498/yr on $196,742 to close. Return on cash invested measures 25.9% and rental yield reads 9.69% at the current $598,000. Equity gained on principal adds $3,859/yr, and 5% annual appreciation supports $165,216 by year five. Five-year ROI prints 135.35% and total cumulative return in cash totals $266,300.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,830/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
7,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: Eric Montgomery • RE/MAX Executive
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224088621
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.