2307 Oakdale Rd #32ModestoCA95355
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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 2307 Oakdale Rd #32, Modesto, CA, 95355 uses $43,062 cash to close to unlock $2,679/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,027/mo, and a $636/mo payment keeps the spread at $223/mo. Purchase price stands at $129,900, and rental yield measures 9.49% with $1,027/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 136.31% and total cumulative return in cash records $58,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,027/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95355, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,443 (100%) |
| Owner Occupied HU | 13,280 (59.2%) |
| Renter Occupied HU | 8,595 (38.3%) |
| Vacant Housing Units | 568 ( 2.5%) |
| Median Home Value | $486,473 |
| Average Home Value | $529,781 |
Housing Distribution
Address Breakdown
Residential
22,688
Single Family
19,303
Multi-Family
3,385
Businesses
825
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Listed by: Eddie Marmol • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #226001038