2439 Meridian DrLodiCA95242
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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
Rental property for sale in Lodi at 2439 Meridian Dr, Lodi, CA, 95242 priced at $744,000 converts $4,813/mo rent into $210/mo cash flow after a $3,642/mo obligation. Total monthly income equals $4,813/mo, and annual cash flow totals $2,520/yr on $244,776 invested. Return on cash invested prints 21.09% in year one, and rental yield reads 7.76% against a $744,000 entry. Equity gained on principal adds $4,801/yr, while 5% annual appreciation compiles into $205,553 by year five. Five-year ROI reaches 109.13% and total cumulative return in cash sums $267,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,813/mo property income covering a $3,642/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5,688 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: James Harner • RE/MAX Executive
Mls Name: MetroList Services of CA
Mls ID: #225051719