2708 Snyder 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 2708 Snyder Ave, Modesto, CA, 95356 generates $4,708/mo in rent and, after a $2,638/mo payment, leaves $1,374/mo in cash flow. Total monthly income is $4,708/mo, and annual cash flow is $16,485/yr on $177,331 invested. Return on cash invested sits at 29.36% in year one, and rental yield is 10.48% on a $539,000 entry. Equity gained on principal adds $3,478/yr, while 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 153.47% and total cumulative return in cash sums $272,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,708/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
5,201 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: Clarissa Azevedo • EXIT Realty Consultants
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224085603
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.