249 Damara CtPattersonCA95363
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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 Patterson at 249 Damara Ct, Patterson, CA, 95363 listed at $660,000 pairs $3,365/mo rent with a $3,230/mo payment. Total monthly income runs $3,365/mo. Return on cash invested measures 13.23% in year one, and rental yield registers 6.12% at a $660,000 basis. Equity gained on principal adds $4,259/yr, and annual property appreciation at 5% supports $182,346 by year five. Five-year ROI tracks 68.02% and total cumulative return in cash totals $147,693. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,365/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
7,035 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95363, Patterson, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,283 (100%) |
| Owner Occupied HU | 6,117 (65.9%) |
| Renter Occupied HU | 2,745 (29.6%) |
| Vacant Housing Units | 421 ( 4.5%) |
| Median Home Value | $497,359 |
| Average Home Value | $544,890 |
Housing Distribution
Address Breakdown
Residential
8,733
Single Family
8,629
Multi-Family
104
Businesses
541
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Listed by: Raelan Daniels • Redfin Corporation
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224096022
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.