2624 ParkwayCeresCA95307
Nearby investment properties with comparable rents
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
Investment property for sale in Ceres at 2624 Parkway, Ceres, CA, 95307 at $319,000 posts ROI 19.92% with $1/mo cash flow from $2,251/mo rent. Total monthly income equals $2,251/mo, and annual cash flow records $11/yr on $105,749 to close. Return on cash invested measures 19.92% and rental yield reads 8.47% at the current $319,000. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 by year five. Five-year ROI prints 104.03% and total cumulative return in cash totals $110,005.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,251/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
1,908 sqft lot
$N/A/sqft
$277 monthly 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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Nearby investment properties with comparable prices
Listed by: Hiram Kemp • California Realtors & Mngt.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225010923
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.