1312 W 24th StMercedCA95340
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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
Total monthly income runs $1,552/mo, and a $1,317/mo payment. Purchase price stands at $269,000, and rental yield measures 6.92% with $1,552/mo rent. Return on cash invested shows 18.4% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 94.75% and total cumulative return in cash records $84,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,552/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1952
5,466 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95340, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,524 (100%) |
| Owner Occupied HU | 7,003 (51.8%) |
| Renter Occupied HU | 5,837 (43.2%) |
| Vacant Housing Units | 684 ( 5.1%) |
| Median Home Value | $432,803 |
| Average Home Value | $489,545 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,487
Multi-Family
806
Businesses
1,049
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Listed by: Fernando Snyder Torres • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls ID: #226007079