2864 Elm AveMercedCA95348
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
Total monthly income runs $2,003/mo, and a $1,591/mo payment. Purchase price stands at $324,999, and rental yield measures 7.4% with $2,003/mo rent. Return on cash invested shows 19.82% in year one, and 5% annual appreciation builds toward $89,791 over five years. Five-year ROI reaches 102.41% and total cumulative return in cash records $110,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,003/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1977
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95348, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,340 (100%) |
| Owner Occupied HU | 5,789 (43.4%) |
| Renter Occupied HU | 6,650 (49.9%) |
| Vacant Housing Units | 901 ( 6.8%) |
| Median Home Value | $400,787 |
| Average Home Value | $436,785 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
11,285
Multi-Family
1,722
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Griselda Garcia Villalobos • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225125304