1224 Vito AveModestoCA95351
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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 1224 Vito Ave, Modesto, CA, 95351 at $218,000 posts ROI 34.66% with $888/mo cash flow from $2,237/mo rent. Total monthly income equals $2,237/mo, and annual cash flow records $10,661/yr on $72,267 to close. Return on cash invested measures 34.66% and rental yield reads 12.31% at the current $218,000. Equity gained on principal adds $1,407/yr, and 5% annual appreciation supports $60,229 by year five. Five-year ROI prints 181.97% and total cumulative return in cash totals $131,503.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,237/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
8,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95351, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,612 (100%) |
| Owner Occupied HU | 6,403 (47.0%) |
| Renter Occupied HU | 6,749 (49.6%) |
| Vacant Housing Units | 460 ( 3.4%) |
| Median Home Value | $376,029 |
| Average Home Value | $409,122 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,139
Multi-Family
1,100
Businesses
1,333
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Listed by: Mireya Contreras Cortes • RE/MAX Executive
Mls Name: MetroList Services of CA
Mls ID: #225060099