2708 Melanie CtCeresCA95307
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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 2708 Melanie Ct, Ceres, CA, 95307 listed at $430,000 pairs $2,808/mo rent with a $2,105/mo payment to leave $46/mo cash flow. Total monthly income runs $2,808/mo, and annual cash flow reaches $554/yr on $142,545 cash to close. Return on cash invested measures 20.3% in year one, and rental yield registers 7.84% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 105.25% and total cumulative return in cash totals $150,027. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,808/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
6,277 sqft lot
$N/A/sqft
No 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: Lisa Rangel • J.Peter Realtors
Mls Name: MetroList Services of CA
Mls ID: #225072769