2240 Golden Oak Ln SPACE 83MercedCA95341
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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 Merced at 2240 Golden Oak Ln SPACE 83, Merced, CA, 95341 offers a 9.6% rental yield on a $112,000 purchase with $896/mo rent. Total monthly income registers $896/mo, and a $548/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,440/yr on $37,128 to close, and return on cash invested stands at 26.48% in year one. Equity gained on principal adds $723/yr while 5% annual appreciation supports $30,944 over five years. Portfolio math shows five-year ROI at 138.15% and total cumulative return in cash at $51,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $896/mo property income against a $548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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Listed by: Eddie Marmol • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225121569