2400 Eilers Ln APT 1607LodiCA95242
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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 2400 Eilers Ln APT 1607, Lodi, CA, 95242 uses $105,086 cash to close to unlock $10,098/yr annual cash flow and $842/mo monthly cash flow. Total monthly income runs $2,803/mo, and a $1,552/mo payment keeps the spread at $842/mo. Purchase price stands at $317,000, and rental yield measures 10.61% with $2,803/mo rent. Return on cash invested shows 29.52% in year one, and 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 154.4% and total cumulative return in cash records $162,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,803/mo property income covering a $1,552/mo payment rather than investor’s personal income.
Condo
Built in 1988
1,123 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: Michelle Halldorson • RE/MAX Gold Lodi
Mls Name: MetroList Services of CA
Mls ID: #225091012