1059 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 1059 Vernal Ave, Merced, CA, 95340 earns from $2,489/mo rent with a $2,251/mo payment. Total monthly income totals $2,489/mo. ROI tracks 17.11% on current figures, and rental yield reads 6.49% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 87.8% and total cumulative return in cash sums $133,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,489/mo property income instead of your personal income.
Single Family
Built in 1978
7,405 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: Monica Franks • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225080195