1397 Esplanade DriveMercedCA95348
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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 $2,680/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 6.58% with $2,680/mo rent. Return on cash invested shows 17.36% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 89.16% and total cumulative return in cash records $144,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,680/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2004
6,440 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: Susan Cardenas • RE/MAX Success
Mls Name: TCMLS
Mls ID: #237542