1402 Louise AveModestoCA95350
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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 1402 Louise Ave, Modesto, CA, 95350 earns $77/mo cash flow from $3,155/mo rent with a $2,398/mo payment. Total monthly income totals $3,155/mo, and annual cash flow totals $925/yr on $162,435 capital. ROI tracks 20.48% on current figures, and rental yield reads 7.73% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash sums $172,236. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,155/mo property income instead of your personal income.
Single Family
Built in 1955
4,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: Sarah Bergen • Redfin Corporation
Mls Name: MetroList Services of CA
Mls ID: #225038365