2900 Andre Ln APT 241TurlockCA95382
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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 Turlock at 2900 Andre Ln APT 241, Turlock, CA, 95382 generates $2,364/mo in rent and, after a $1,248/mo payment, leaves $787/mo in cash flow. Total monthly income is $2,364/mo, and annual cash flow is $9,439/yr on $84,533 invested. Return on cash invested sits at 31.08% in year one, and rental yield is 11.12% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 162.73% and total cumulative return in cash sums $137,564. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Condo
Built in 1980
1,041 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: Vijay Shankar • Shankar Real Estate & Property Management
Mls Name: MetroList Services of CA
Mls ID: #225120558