24 Church StModestoCA95357
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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 24 Church St, Modesto, CA, 95357 offers a 8.04% rental yield on a $299,000 purchase with $2,003/mo rent. Total monthly income registers $2,003/mo, and a $1,463/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,845/yr on $99,119 to close, and return on cash invested stands at 21.77% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 112.82% and total cumulative return in cash at $111,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,003/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95357, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,127 (100%) |
| Owner Occupied HU | 2,835 (68.7%) |
| Renter Occupied HU | 1,171 (28.4%) |
| Vacant Housing Units | 121 ( 2.9%) |
| Median Home Value | $521,319 |
| Average Home Value | $549,821 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
4,048
Multi-Family
0
Businesses
620
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Listed by: J Alex Hernandez • Century 21 Masters
Mls Name: MLSListings Inc
Mls ID: #ML82029158