1713 Cashmere DrModestoCA95355
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
Investment Highlights
Rental property for sale in Modesto at 1713 Cashmere Dr, Modesto, CA, 95355 priced at $425,000 converts $2,879/mo rent into $250/mo cash flow after a $2,080/mo obligation. Total monthly income equals $2,879/mo, and annual cash flow totals $3,000/yr on $140,888 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 8.13% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 114.29% and total cumulative return in cash sums $161,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,879/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1991
3,463 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Church • Keller Williams Realty
Mls Name: MetroList Services of CA
Mls ID: #225105625