1501 Pelton AveModestoCA95351
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 1501 Pelton Ave, Modesto, CA, 95351 in Modesto is narrow, $164/mo net on $2,478/mo rent after the $1,682/mo debt service, but the property operates at break-even-plus, not a loss. At $374,000 with a 7.95% yield, the long-run equity case via 5% appreciation ($103,329 over five years) and $3,445/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.47 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $152,368.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.8% |
| Monthly Cash Flow | $164 | $420 |
City averages based on Modesto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,478 |
| Total Monthly Debt Service | $2,165 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
5,671 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95351, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,612 (100%) |
| Owner Occupied HU | 6,403 (47.0%) |
| Renter Occupied HU | 6,749 (49.6%) |
| Vacant Housing Units | 460 ( 3.4%) |
| Median Home Value | $376,029 |
| Average Home Value | $409,122 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,139
Multi-Family
1,100
Businesses
1,333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
5,671 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95351, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,612 (100%) |
| Owner Occupied HU | 6,403 (47.0%) |
| Renter Occupied HU | 6,749 (49.6%) |
| Vacant Housing Units | 460 ( 3.4%) |
| Median Home Value | $376,029 |
| Average Home Value | $409,122 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,139
Multi-Family
1,100
Businesses
1,333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MetroList Services of CA
Mls ID: #226039409