1608 Porter WayStocktonCA95207
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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
Rental property for sale in Stockton at 1608 Porter Way, Stockton, CA, 95207 generates $2,491/mo in rent and, after a $1,150/mo payment, leaves $558/mo in cash flow. Total monthly income is $2,491/mo, and annual cash flow is $6,700/yr on $77,903 invested. Return on cash invested sits at 28.51% in year one, and rental yield is 12.72% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 151.66% and total cumulative return in cash sums $118,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,491/mo property income rather than buyer’s personal income.
Condo
Built in 1985
914.76 sqft lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95207, Stockton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,555 (100%) |
| Owner Occupied HU | 7,414 (37.9%) |
| Renter Occupied HU | 11,299 (57.8%) |
| Vacant Housing Units | 842 ( 4.3%) |
| Median Home Value | $468,326 |
| Average Home Value | $549,079 |
Housing Distribution
Address Breakdown
Residential
18,901
Single Family
13,699
Multi-Family
5,202
Businesses
1,580
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Listed by: Karrie Goold • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225142326