1058 Vernal AveMercedCA95340
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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 Merced at 1058 Vernal Ave, Merced, CA, 95340 with 5% annual appreciation on a $405,000 basis while $2,854/mo rent supports operations. Total monthly income totals $2,854/mo and a $1,982/mo payment preserves $349/mo for cash returns. Annual cash flow comes to $4,186/yr on $134,258 deployed, and return on cash invested reaches 23.03% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 8.46%. Five-year ROI measures 119.55% and total cumulative return in cash totals $160,502.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,854/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
6,516 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
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Listed by: Puneet Bhargava • Realty Concepts, Ltd. - Clovis
Mls Name: Fresno MLS
Mls ID: #624323