2604 Veneman AveModestoCA95356
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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 2604 Veneman Ave, Modesto, CA, 95356 priced at $630,000 pairs $3,476/mo rent with after a $3,084/mo payment. Total monthly income equals $3,476/mo. Return on cash invested is 17.62% in year one, and rental yield stands at 6.62% on a $630,000 basis. Equity gained on principal adds $4,065/yr, and 5% annual appreciation accumulates to $174,057 by year five. Five-year ROI measures 90.54% and total cumulative return in cash reaches $187,666. For financing, Ziffy Mortgage’s DSCR program evaluates $3,476/mo property income against a $3,084/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
9,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,484 (100%) |
| Owner Occupied HU | 7,947 (58.9%) |
| Renter Occupied HU | 5,073 (37.6%) |
| Vacant Housing Units | 464 ( 3.4%) |
| Median Home Value | $543,050 |
| Average Home Value | $611,001 |
Housing Distribution
Address Breakdown
Residential
12,633
Single Family
11,110
Multi-Family
1,523
Businesses
1,021
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Listed by: Dan Phipps • Professional Realty Associates
Mls Name: CRMLS
Mls ID: #FR25104133