1144 Courtney WayModestoCA95358
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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 Modesto at 1144 Courtney Way, Modesto, CA, 95358 priced at $379,000 converts $2,489/mo rent into $131/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,489/mo, and annual cash flow totals $1,574/yr on $125,639 invested. Return on cash invested prints 21.16% in year one, and rental yield reads 7.88% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 109.63% and total cumulative return in cash sums $137,735. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,489/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 1982
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95358, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,162 (100%) |
| Owner Occupied HU | 5,448 (59.5%) |
| Renter Occupied HU | 3,425 (37.4%) |
| Vacant Housing Units | 289 ( 3.2%) |
| Median Home Value | $478,429 |
| Average Home Value | $585,853 |
Housing Distribution
Address Breakdown
Residential
8,705
Single Family
8,704
Multi-Family
1
Businesses
465
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Listed by: Carlos Sanchez • EXIT REALTY CONSULTANTS
Mls Name: Exit Realty
Mls Provider:
Mls ID: #225037377