195 Schooner LnModestoCA95356
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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 195 Schooner Ln, Modesto, CA, 95356 uses $48,034 cash to close to unlock $2,566/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $1,110/mo, and a $709/mo payment keeps the spread at $214/mo. Purchase price stands at $144,900, and rental yield measures 9.19% with $1,110/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 131.51% and total cumulative return in cash records $63,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,110/mo property income covering a $709/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,484 (100%) |
| Owner Occupied HU | 7,947 (58.9%) |
| Renter Occupied HU | 5,073 (37.6%) |
| Vacant Housing Units | 464 ( 3.4%) |
| Median Home Value | $543,050 |
| Average Home Value | $611,001 |
Housing Distribution
Address Breakdown
Residential
12,633
Single Family
11,110
Multi-Family
1,523
Businesses
1,021
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Listed by: Eddie Marmol • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225136657