1505 Modoc 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 1505 Modoc Ave, Modesto, CA, 95358 uses $102,102 cash to close to unlock $8,474/yr annual cash flow and $706/mo monthly cash flow. Total monthly income runs $2,612/mo, and a $1,508/mo payment keeps the spread at $706/mo. Purchase price stands at $308,000, and rental yield measures 10.18% with $2,612/mo rent. Return on cash invested shows 28.21% in year one, and 5% annual appreciation builds toward $85,095 over five years. Five-year ROI reaches 147.37% and total cumulative return in cash records $150,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,612/mo property income covering a $1,508/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,160 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: Naisa Santeyan • Home Saver Realty
Mls Name: CRMLS
Mls ID: #PW25277122