1035 W 18th StMercedCA95340
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
Investment property for sale in Merced at 1035 W 18th St, Merced, CA, 95340 offers a 7.86% rental yield on a $259,950 purchase with $1,703/mo rent. Total monthly income registers $1,703/mo, and a $1,272/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,143/yr on $86,173 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,819 over five years. Portfolio math shows five-year ROI at 109.98% and total cumulative return in cash at $94,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,703/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
7,671 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95340, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,524 (100%) |
| Owner Occupied HU | 7,003 (51.8%) |
| Renter Occupied HU | 5,837 (43.2%) |
| Vacant Housing Units | 684 ( 5.1%) |
| Median Home Value | $432,803 |
| Average Home Value | $489,545 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,487
Multi-Family
806
Businesses
1,049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Brazeal • RE/MAX Executive
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224101528
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.