2404 Edmunds AveModestoCA95350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2404 Edmunds Ave, Modesto, CA, 95350 listed at $435,000 pairs $3,049/mo rent with a $2,129/mo payment to leave $358/mo cash flow. Total monthly income runs $3,049/mo, and annual cash flow reaches $4,297/yr on $144,203 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.41% at a $435,000 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 118.84% and total cumulative return in cash totals $171,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,049/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
6,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DaShaun Winston • JRP Realty Group
Mls Name: MetroList Services of CA
Mls ID: #225096458