1181 3rd StMeridianCA95957
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 1181 3rd St, Meridian, CA, 95957 in Meridian offers a clean, manageable entry. Rental yield 7.39%. DSCR 1.37 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $89,792 in additional property value over five years, with $2,993/yr in principal equity building ownership stake. Total projected cumulative return: $122,610.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.0% |
| Monthly Cash Flow | $(10) | $1,200 |
City averages based on Meridian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,000 |
| Total Monthly Debt Service | $1,881 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95957, Meridian, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 302 (100%) |
| Owner Occupied HU | 162 (53.6%) |
| Renter Occupied HU | 114 (37.7%) |
| Vacant Housing Units | 26 ( 8.6%) |
| Median Home Value | $476,087 |
| Average Home Value | $576,481 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95957, Meridian, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 302 (100%) |
| Owner Occupied HU | 162 (53.6%) |
| Renter Occupied HU | 114 (37.7%) |
| Vacant Housing Units | 26 ( 8.6%) |
| Median Home Value | $476,087 |
| Average Home Value | $576,481 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evelia Marquez • RE/MAX Gold Natomas
Mls Name: MetroList Services of CA
Mls ID: #225093601