2042 Portside DrModestoCA95357
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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 2042 Portside Dr, Modesto, CA, 95357 priced at $592,990 pairs $3,240/mo rent with after a $2,902/mo payment. Total monthly income equals $3,240/mo. Return on cash invested is 17.43% in year one, and rental yield stands at 6.56% on a $592,990 basis. Equity gained on principal adds $3,826/yr, and 5% annual appreciation accumulates to $163,832 by year five. Five-year ROI measures 89.52% and total cumulative return in cash reaches $174,643. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $2,902/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4,940 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95357, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,127 (100%) |
| Owner Occupied HU | 2,835 (68.7%) |
| Renter Occupied HU | 1,171 (28.4%) |
| Vacant Housing Units | 121 ( 2.9%) |
| Median Home Value | $521,319 |
| Average Home Value | $549,821 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
4,048
Multi-Family
0
Businesses
620
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Listed by: Lisa Celestino • KB HOME Sales-Northern Califor
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225043745
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