2424 Glasgow DrCeresCA95307
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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 Ceres at 2424 Glasgow Dr, Ceres, CA, 95307 uses $171,080 cash to close to unlock $2,008/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $3,384/mo, and a $2,545/mo payment keeps the spread at $167/mo. Purchase price stands at $520,000, and rental yield measures 7.81% with $3,384/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 109.92% and total cumulative return in cash records $188,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,384/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in 1979
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95307, Ceres, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,374 (100%) |
| Owner Occupied HU | 8,221 (61.5%) |
| Renter Occupied HU | 4,863 (36.4%) |
| Vacant Housing Units | 290 ( 2.2%) |
| Median Home Value | $471,243 |
| Average Home Value | $519,886 |
Housing Distribution
Address Breakdown
Residential
13,247
Single Family
12,602
Multi-Family
645
Businesses
957
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Listed by: Lori Benedict • Berkshire Hathaway HomeServices-Drysdale Properties
Mls Name: MetroList Services of CA
Mls ID: #225075294