1828 Chesapeake AveModestoCA95358
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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 Modesto at 1828 Chesapeake Ave, Modesto, CA, 95358 offers a 8.22% rental yield on a $420,000 purchase with $2,878/mo rent. Total monthly income registers $2,878/mo, and a $2,056/mo payment leaves $280/mo available for distribution. Annual cash flow reaches $3,354/yr on $139,230 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 115.77% and total cumulative return in cash at $161,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,878/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
6,028 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95358, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,162 (100%) |
| Owner Occupied HU | 5,448 (59.5%) |
| Renter Occupied HU | 3,425 (37.4%) |
| Vacant Housing Units | 289 ( 3.2%) |
| Median Home Value | $478,429 |
| Average Home Value | $585,853 |
Housing Distribution
Address Breakdown
Residential
8,705
Single Family
8,704
Multi-Family
1
Businesses
465
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Listed by: Stephanie Fields • 12 Doors Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225055483