2808 Fleming CtModestoCA95356
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
Rental property for sale in Modesto at 2808 Fleming Ct, Modesto, CA, 95356 generates $3,724/mo in rent and, after a $2,594/mo payment, leaves $446/mo in cash flow. Total monthly income is $3,724/mo, and annual cash flow is $5,346/yr on $174,337 invested. Return on cash invested sits at 23.13% in year one, and rental yield is 8.43% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 120.06% and total cumulative return in cash sums $209,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,724/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
6,159 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Shetron • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225010218
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.