2132 Mount Vernon Dr APT DModestoCA95350
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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 2132 Mount Vernon Dr APT D, Modesto, CA, 95350 listed at $319,000 pairs $2,173/mo rent with a $1,561/mo payment to leave $200/mo cash flow. Total monthly income runs $2,173/mo, and annual cash flow reaches $2,399/yr on $105,749 cash to close. Return on cash invested measures 22.18% in year one, and rental yield registers 8.17% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 115% and total cumulative return in cash totals $121,609. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,173/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: April Dawson • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225112567