1500 Held Dr SPC 135ModestoCA95355
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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 1500 Held Dr SPC 135, Modesto, CA, 95355 uses $39,449 cash to close to unlock $2,427/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $938/mo, and a $582/mo payment keeps the spread at $202/mo. Purchase price stands at $119,000, and rental yield measures 9.46% with $938/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash records $53,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $938/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95355, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,443 (100%) |
| Owner Occupied HU | 13,280 (59.2%) |
| Renter Occupied HU | 8,595 (38.3%) |
| Vacant Housing Units | 568 ( 2.5%) |
| Median Home Value | $486,473 |
| Average Home Value | $529,781 |
Housing Distribution
Address Breakdown
Residential
22,688
Single Family
19,303
Multi-Family
3,385
Businesses
825
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Listed by: Anna Contreras • RE/MAX Executive
Mls Name: MetroList Services of CA
Mls ID: #225099180