2412 Southfork LnModestoCA95355
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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 Modesto at 2412 Southfork Ln, Modesto, CA, 95355 generates $2,870/mo in rent and, after a $2,080/mo payment, leaves $149/mo in cash flow. Total monthly income is $2,870/mo, and annual cash flow is $1,792/yr on $140,888 invested. Return on cash invested sits at 21.18% in year one, and rental yield is 8.1% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 109.95% and total cumulative return in cash sums $154,901. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,870/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
4,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95355, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,443 (100%) |
| Owner Occupied HU | 13,280 (59.2%) |
| Renter Occupied HU | 8,595 (38.3%) |
| Vacant Housing Units | 568 ( 2.5%) |
| Median Home Value | $486,473 |
| Average Home Value | $529,781 |
Housing Distribution
Address Breakdown
Residential
22,688
Single Family
19,303
Multi-Family
3,385
Businesses
825
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Listed by: Julie Kaley • Assist 2 Sell Central Valley Realty
Mls Name: MetroList Services of CA
Mls ID: #225079391