12 Schooner Ln, Modesto, CA, 95356 | $1,911/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Modesto at 12 Schooner Ln, Modesto, CA, 95356 uses $38,123 cash to close to unlock $22,937/yr annual cash flow and $1,911/mo monthly cash flow. Total monthly income runs $2,623/mo, and a $563/mo payment keeps the spread at $1,911/mo. Purchase price stands at $115,000, and rental yield measures 27.37% with $2,623/mo rent. Return on cash invested shows 80.08% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 425.57% and total cumulative return in cash records $162,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,623/mo property income covering a $563/mo payment rather than investor’s personal income.

Manufactured

Built in 1984

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,484 (100%)
Owner Occupied HU	7,947 (58.9%)
Renter Occupied HU	5,073 (37.6%)
Vacant Housing Units	464 ( 3.4%)
Median Home Value	$543,050
Average Home Value	$611,001