1819 S Cherokee Ln APT 67LodiCA95240
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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 Lodi at 1819 S Cherokee Ln APT 67, Lodi, CA, 95240 offers a 8.33% rental yield on a $257,900 purchase with $1,790/mo rent. Total monthly income registers $1,790/mo, and a $1,262/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,339/yr on $85,494 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $1,664/yr while 5% annual appreciation supports $71,253 over five years. Portfolio math shows five-year ROI at 117.5% and total cumulative return in cash at $100,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,790/mo property income against a $1,262/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
958.32 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
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Listed by: Ryan Davis • Real Broker
Mls Name: MetroList Services of CA
Mls ID: #225144600