2900 Andre Ln APT 140TurlockCA95382
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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 Turlock at 2900 Andre Ln APT 140, Turlock, CA, 95382 offers a 10.86% rental yield on a $250,000 purchase with $2,263/mo rent. Total monthly income registers $2,263/mo, and a $1,224/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,593/yr on $82,875 to close, and return on cash invested stands at 30.28% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 158.49% and total cumulative return in cash at $131,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,263/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
1,028 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95382, Turlock, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,015 (100%) |
| Owner Occupied HU | 8,290 (59.2%) |
| Renter Occupied HU | 5,241 (37.4%) |
| Vacant Housing Units | 484 ( 3.5%) |
| Median Home Value | $524,213 |
| Average Home Value | $557,628 |
Housing Distribution
Address Breakdown
Residential
13,664
Single Family
11,737
Multi-Family
1,927
Businesses
468
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Listed by: Elvis Dias • Century 21 Select Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225089435