1061 Northwood DrMercedCA95348
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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
Rental property for sale in Merced at 1061 Northwood Dr, Merced, CA, 95348 generates $2,670/mo in rent, after a $2,198/mo payment. Total monthly income is $2,670/mo. Return on cash invested sits at 19.04% in year one, and rental yield is 7.14% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 98.19% and total cumulative return in cash sums $146,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
7,731 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95348, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,340 (100%) |
| Owner Occupied HU | 5,789 (43.4%) |
| Renter Occupied HU | 6,650 (49.9%) |
| Vacant Housing Units | 901 ( 6.8%) |
| Median Home Value | $400,787 |
| Average Home Value | $436,785 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
11,285
Multi-Family
1,722
Businesses
534
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Listed by: Abel Molina • Century 21 Select Real Estate
Mls Name: MetroList Services of CA
Mls ID: #226001448