1320 Ricardo WayModestoCA95351
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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 1320 Ricardo Way, Modesto, CA, 95351 earns $260/mo cash flow from $2,722/mo rent with a $1,948/mo payment. Total monthly income totals $2,722/mo, and annual cash flow totals $3,119/yr on $131,937 capital. ROI tracks 22.27% on current figures, and rental yield reads 8.21% at a $398,000 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 over five years. Five-year ROI reaches 115.51% and total cumulative return in cash sums $152,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,722/mo property income instead of your personal income.
Single Family
Built in 1988
4,326 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: Raelan Daniels • Redfin Corporation
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225052038
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