1924 Serena AveModestoCA95355
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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
Rental property for sale in Modesto at 1924 Serena Ave, Modesto, CA, 95355 offers $2,658/mo rent that, after a $1,925/mo payment, leaves $225/mo cash flow. Total monthly income is $2,658/mo, and annual cash flow is $2,701/yr on $130,346 cash. Return on cash invested measures 21.98% in year one, and rental yield stands at 8.11% at a $393,200 entry. Equity gained on principal adds $2,537/yr while 5% annual appreciation compounds into $108,634 by year five. Five-year ROI records 113.98% and total cumulative return in cash reaches $148,565. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,658/mo property income versus a $1,925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
6,499 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
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Listed by: N/A • N/A
Mls Name: PMZ Real Estate
Mls Provider:
Mls ID: #225057460