1108 Cedar Creek Dr UNIT 4ModestoCA95355
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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 Modesto at 1108 Cedar Creek Dr UNIT 4, Modesto, CA, 95355 listed at $309,950 pairs $2,332/mo rent with a $1,517/mo payment to leave $415/mo cash flow. Total monthly income runs $2,332/mo, and annual cash flow reaches $4,976/yr on $102,748 cash to close. Return on cash invested measures 24.75% in year one, and rental yield registers 9.03% at a $309,950 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,633 by year five. Five-year ROI tracks 128.82% and total cumulative return in cash totals $132,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,332/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
1,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95355, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,443 (100%) |
| Owner Occupied HU | 13,280 (59.2%) |
| Renter Occupied HU | 8,595 (38.3%) |
| Vacant Housing Units | 568 ( 2.5%) |
| Median Home Value | $486,473 |
| Average Home Value | $529,781 |
Housing Distribution
Address Breakdown
Residential
22,688
Single Family
19,303
Multi-Family
3,385
Businesses
825
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Listed by: Deanna Machado • Core Four Realty
Mls Name: MetroList Services of CA
Mls ID: #225119894