118 T StMercedCA95341
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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 118 T St, Merced, CA, 95341 priced at $450,000 converts $1,425/mo rent into after a $2,203/mo obligation. Total monthly income equals $1,425/mo. Return on cash invested prints 8.97% in year one, and rental yield reads 3.8% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 44.2% and total cumulative return in cash sums $65,934. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,425/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Multi Family
Built in 1964
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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Listed by: William Baker • Homenet Realty
Mls Name: CRMLS
Mls ID: #MC25168529