2704 ParkwayCeresCA95307
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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 Ceres at 2704 Parkway, Ceres, CA, 95307 earns $121/mo cash flow from $2,668/mo rent with a $1,762/mo payment. Total monthly income totals $2,668/mo, and annual cash flow totals $1,457/yr on $119,340 capital. ROI tracks 21.13% on current figures, and rental yield reads 8.89% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 110.57% and total cumulative return in cash sums $131,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,668/mo property income instead of your personal income.
Condo
Built in 1993
2,840 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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Listed by: Eric Rodriguez • Lifestyle Realty
Mls Name: MetroList Services of CA
Mls ID: #225130286