2900 Andre Ln APT 243TurlockCA95382
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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 243, Turlock, CA, 95382 uses $77,903 cash to close to unlock $3,562/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $1,150/mo payment keeps the spread at $297/mo. Purchase price stands at $235,000, and rental yield measures 12.07% with $2,364/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 130.78% and total cumulative return in cash records $101,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1980
1,036 sqft lot
$N/A/sqft
$550 monthly 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: Ismael Ontiveros • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225089211