2133 Chrysler Dr APT 2ModestoCA95350
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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 2133 Chrysler Dr APT 2, Modesto, CA, 95350 offers a 9.91% rental yield on a $246,900 purchase with $2,038/mo rent. Total monthly income registers $2,038/mo, and a $1,208/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,045/yr on $81,847 to close, and return on cash invested stands at 24.85% in year one. Equity gained on principal adds $1,593/yr while 5% annual appreciation supports $68,214 over five years. Portfolio math shows five-year ROI at 130.32% and total cumulative return in cash at $106,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,038/mo property income against a $1,208/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
418.18 sqft lot
$N/A/sqft
$174 monthly 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: Michelle Griffith • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225035684
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