1216 W Roseburg Ave APT AModestoCA95350
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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 1216 W Roseburg Ave APT A, Modesto, CA, 95350 earns $794/mo cash flow from $2,711/mo rent with a $1,517/mo payment. Total monthly income totals $2,711/mo, and annual cash flow totals $9,523/yr on $102,765 capital. ROI tracks 29.18% on current figures, and rental yield reads 10.49% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 152.55% and total cumulative return in cash sums $156,763. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,711/mo property income instead of your personal income.
Condo
Built in 1980
1,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: Jessie Wiggins • Grand Properties
Mls Name: MetroList Services of CA
Mls ID: #225090005