1819 S Cherokee Ln APT 59LodiCA95240
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
Investment property for sale in Lodi at 1819 S Cherokee Ln APT 59, Lodi, CA, 95240 uses $74,753 cash to close to unlock $8,949/yr annual cash flow and $746/mo monthly cash flow. Total monthly income runs $2,141/mo, and a $1,104/mo payment keeps the spread at $746/mo. Purchase price stands at $225,500, and rental yield measures 11.39% with $2,141/mo rent. Return on cash invested shows 31.88% in year one, and 5% annual appreciation builds toward $62,301 over five years. Five-year ROI reaches 167.04% and total cumulative return in cash records $124,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,141/mo property income covering a $1,104/mo payment rather than investor’s personal income.
Condo
Built in 1983
953.96 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95240, Lodi, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,721 (100%) |
| Owner Occupied HU | 8,501 (48.0%) |
| Renter Occupied HU | 8,386 (47.3%) |
| Vacant Housing Units | 834 ( 4.7%) |
| Median Home Value | $483,688 |
| Average Home Value | $557,843 |
Housing Distribution
Address Breakdown
Residential
16,714
Single Family
13,300
Multi-Family
3,414
Businesses
1,733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Searls • Vylla Home Inc.
Mls Name: MetroList Services of CA
Mls ID: #225152376