2113 Manhattan WayModestoCA95358
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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 2113 Manhattan Way, Modesto, CA, 95358 listed at $475,000 pairs $2,669/mo rent with a $2,325/mo payment. Total monthly income runs $2,669/mo. Return on cash invested measures 17.85% in year one, and rental yield registers 6.74% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 91.83% and total cumulative return in cash totals $144,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,669/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
4,791 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: Pamela Ortiz Aguilar • LPT Realty, Inc
Mls Name: CRMLS
Mls ID: #FR25245683