1328 Paseo Redondo DrMercedCA95348
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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 1328 Paseo Redondo Dr, Merced, CA, 95348 earns from $1,823/mo rent with a $1,786/mo payment. Total monthly income totals $1,823/mo. ROI tracks 15.6% on current figures, and rental yield reads 5.99% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 79.74% and total cumulative return in cash sums $96,487. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,823/mo property income instead of your personal income.
Condo
Built in 1984
1,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95348, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,340 (100%) |
| Owner Occupied HU | 5,789 (43.4%) |
| Renter Occupied HU | 6,650 (49.9%) |
| Vacant Housing Units | 901 ( 6.8%) |
| Median Home Value | $400,787 |
| Average Home Value | $436,785 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
11,285
Multi-Family
1,722
Businesses
534
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Listed by: Andy Krotik • Keller Williams Property Team
Mls Name: CRMLS
Mls ID: #MC25227759