1220 Fig AveMercedCA95341
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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 Merced at 1220 Fig Ave, Merced, CA, 95341 offers a 8.15% rental yield on a $287,000 purchase with $1,949/mo rent. Total monthly income registers $1,949/mo, and a $1,405/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,079/yr on $95,141 to close, and return on cash invested stands at 22.09% in year one. Equity gained on principal adds $1,852/yr while 5% annual appreciation supports $79,293 over five years. Portfolio math shows five-year ROI at 114.6% and total cumulative return in cash at $109,030. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,949/mo property income against a $1,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
2,500 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: Deonna Price • Exit Realty Consultants
Mls Name: CRMLS
Mls ID: #MC25255498