2930 Driftwood Pl APT 92StocktonCA95219
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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 Stockton at 2930 Driftwood Pl APT 92, Stockton, CA, 95219 offers a 8.66% rental yield on a $348,700 purchase with $2,516/mo rent. Total monthly income registers $2,516/mo, and a $1,707/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $607/yr on $115,594 to close, and return on cash invested stands at 20.43% in year one. Equity gained on principal adds $2,250/yr while 5% annual appreciation supports $96,339 over five years. Portfolio math shows five-year ROI at 106.82% and total cumulative return in cash at $123,482. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,516/mo property income against a $1,707/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
958 sqft lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95219, Stockton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,318 (100%) |
| Owner Occupied HU | 7,449 (60.5%) |
| Renter Occupied HU | 4,422 (35.9%) |
| Vacant Housing Units | 447 ( 3.6%) |
| Median Home Value | $626,054 |
| Average Home Value | $665,298 |
Housing Distribution
Address Breakdown
Residential
11,720
Single Family
9,208
Multi-Family
2,512
Businesses
479
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