2367 Explorador DrMercedCA95340
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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 Merced at 2367 Explorador Dr, Merced, CA, 95340 generates $2,351/mo in rent, after a $2,521/mo payment. Total monthly income is $2,351/mo. Return on cash invested sits at 14.15% in year one, and rental yield is 5.48% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 71.89% and total cumulative return in cash sums $121,813. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,351/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
5,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95340, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,524 (100%) |
| Owner Occupied HU | 7,003 (51.8%) |
| Renter Occupied HU | 5,837 (43.2%) |
| Vacant Housing Units | 684 ( 5.1%) |
| Median Home Value | $432,803 |
| Average Home Value | $489,545 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,487
Multi-Family
806
Businesses
1,049
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Listed by: Amanvir Singh • Tinetti Realty Group
Mls Name: CRMLS
Mls ID: #MC25263748