216 N Veach AveMantecaCA95337
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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 Manteca at 216 N Veach Ave, Manteca, CA, 95337 generates $2,108/mo in rent, after a $1,957/mo payment. Total monthly income is $2,108/mo. Return on cash invested sits at 16.27% in year one, and rental yield is 6.33% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 83.48% and total cumulative return in cash sums $110,660. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,108/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95337, Manteca, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,927 (100%) |
| Owner Occupied HU | 11,681 (69.0%) |
| Renter Occupied HU | 4,673 (27.6%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $642,143 |
| Average Home Value | $667,609 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
14,414
Multi-Family
1,748
Businesses
628
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Listed by: Lauren Haymore • Professional Realty Associates
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224097165
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.