2405 Summerlin DrModestoCA95356
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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 2405 Summerlin Dr, Modesto, CA, 95356 offers a 7.67% rental yield on a $598,000 purchase with $3,820/mo rent. Total monthly income registers $3,820/mo, and a $2,927/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,447/yr on $196,742 to close, and return on cash invested stands at 20.8% in year one. Equity gained on principal adds $3,859/yr while 5% annual appreciation supports $165,216 over five years. Portfolio math shows five-year ROI at 107.57% and total cumulative return in cash at $211,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,820/mo property income against a $2,927/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
6,004 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,484 (100%) |
| Owner Occupied HU | 7,947 (58.9%) |
| Renter Occupied HU | 5,073 (37.6%) |
| Vacant Housing Units | 464 ( 3.4%) |
| Median Home Value | $543,050 |
| Average Home Value | $611,001 |
Housing Distribution
Address Breakdown
Residential
12,633
Single Family
11,110
Multi-Family
1,523
Businesses
1,021
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Listed by: Con Tran • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82026956