2254 Morningside Ct #42TracyCA95376
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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 Tracy at 2254 Morningside Ct #42, Tracy, CA, 95376 uses $139,230 cash to close to unlock $582/yr annual cash flow and $49/mo monthly cash flow. Total monthly income runs $2,647/mo, and a $2,056/mo payment keeps the spread at $49/mo. Purchase price stands at $420,000, and rental yield measures 7.56% with $2,647/mo rent. Return on cash invested shows 20.33% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 105.09% and total cumulative return in cash records $146,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,647/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Condo
Built in 1997
1,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95376, Tracy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,258 (100%) |
| Owner Occupied HU | 9,933 (57.6%) |
| Renter Occupied HU | 6,865 (39.8%) |
| Vacant Housing Units | 460 ( 2.7%) |
| Median Home Value | $616,695 |
| Average Home Value | $632,596 |
Housing Distribution
Address Breakdown
Residential
16,979
Single Family
15,266
Multi-Family
1,713
Businesses
1,040
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Listed by: Lisa Aguilera • Keller Williams Realty
Mls Name: MetroList Services of CA
Mls ID: #225126662