2049 Miller AveModestoCA95354
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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 2049 Miller Ave, Modesto, CA, 95354 earns from $2,131/mo rent with a $1,786/mo payment. Total monthly income totals $2,131/mo. ROI tracks 18.65% on current figures, and rental yield reads 7.01% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 96.13% and total cumulative return in cash sums $116,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,131/mo property income instead of your personal income.
Single Family
Built in 1948
6,930 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95354, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 4,459 (46.1%) |
| Renter Occupied HU | 4,848 (50.1%) |
| Vacant Housing Units | 364 ( 3.8%) |
| Median Home Value | $451,894 |
| Average Home Value | $520,711 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,539
Multi-Family
755
Businesses
1,681
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Listed by: Tony Alahverdi • TAG Realty Inc
Mls Name: MetroList Services of CA
Mls ID: #225141117