2230 Glendale 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
Rental property for sale in Modesto at 2230 Glendale Ave, Modesto, CA, 95354 offers $2,504/mo rent that, after a $1,952/mo payment, leaves $37/mo cash flow. Total monthly income is $2,504/mo, and annual cash flow is $441/yr on $132,231 cash. Return on cash invested measures 20.24% in year one, and rental yield stands at 7.53% at a $398,888 entry. Equity gained on principal adds $2,574/yr while 5% annual appreciation compounds into $110,205 by year five. Five-year ROI records 104.62% and total cumulative return in cash reaches $138,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,504/mo property income versus a $1,952/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
6,499 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: Xochilt Mexicano • Blue Door Realty Inc
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225037063
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