2499 E Gerard Ave SPC 123MercedCA95341
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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 Merced at 2499 E Gerard Ave SPC 123, Merced, CA, 95341 listed at $122,999 pairs $1,540/mo rent with a $602/mo payment to leave $779/mo cash flow. Total monthly income runs $1,540/mo, and annual cash flow reaches $9,350/yr on $40,774 cash to close. Return on cash invested measures 42.84% in year one, and rental yield registers 15.02% at a $122,999 basis. Equity gained on principal adds $794/yr, and annual property appreciation at 5% supports $33,982 by year five. Five-year ROI tracks 225.91% and total cumulative return in cash totals $92,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,540/mo property income relative to a $602/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2016
1,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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Listed by: Eric Ellis • BLVD Real Estate
Mls Name: CRMLS
Mls ID: #MC25265867