140 Algen AveModestoCA95358
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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 140 Algen Ave, Modesto, CA, 95358 uses $112,379 cash to close to unlock $4,201/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $2,447/mo, and a $1,659/mo payment keeps the spread at $350/mo. Purchase price stands at $339,000, and rental yield measures 8.66% with $2,447/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 122.92% and total cumulative return in cash records $138,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,447/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1995
3,593 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95358, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,162 (100%) |
| Owner Occupied HU | 5,448 (59.5%) |
| Renter Occupied HU | 3,425 (37.4%) |
| Vacant Housing Units | 289 ( 3.2%) |
| Median Home Value | $478,429 |
| Average Home Value | $585,853 |
Housing Distribution
Address Breakdown
Residential
8,705
Single Family
8,704
Multi-Family
1
Businesses
465
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Listed by: Demetrio Robles • Casa Robles R.E. Inc.
Mls Name: MetroList Services of CA
Mls ID: #225125693