1670 Almond AveMercedCA95341
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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 Merced at 1670 Almond Ave, Merced, CA, 95341 uses $115,694 cash to close to unlock $2,462/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $1,708/mo payment keeps the spread at $205/mo. Purchase price stands at $349,000, and rental yield measures 8.13% with $2,364/mo rent. Return on cash invested shows 22.04% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 114.28% and total cumulative return in cash records $132,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1948
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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Listed by: Daniel Marquez • J.Peter Realtors
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224077127
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.