2316 S Mills AveLodiCA95242
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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 Lodi at 2316 S Mills Ave, Lodi, CA, 95242 listed at $477,000 pairs $3,068/mo rent with a $2,335/mo payment to leave $117/mo cash flow. Total monthly income runs $3,068/mo, and annual cash flow reaches $1,402/yr on $158,126 cash to close. Return on cash invested measures 20.8% in year one, and rental yield registers 7.72% at a $477,000 basis. Equity gained on principal adds $3,078/yr, and annual property appreciation at 5% supports $131,786 by year five. Five-year ROI tracks 107.59% and total cumulative return in cash totals $170,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,068/mo property income relative to a $2,335/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
6,242 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95242, Lodi, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,694 (100%) |
| Owner Occupied HU | 7,970 (68.2%) |
| Renter Occupied HU | 3,306 (28.3%) |
| Vacant Housing Units | 418 ( 3.6%) |
| Median Home Value | $632,083 |
| Average Home Value | $662,626 |
Housing Distribution
Address Breakdown
Residential
11,586
Single Family
10,713
Multi-Family
873
Businesses
511
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Listed by: Stephanie Valdez • Keller Williams Realty
Mls Name: MetroList Services of CA
Mls ID: #225099706