303-301 W Morris AveModestoCA95350
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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 Modesto at 303-301 W Morris Ave, Modesto, CA, 95350 listed at $580,000 pairs $2,514/mo rent with a $2,839/mo payment. Total monthly income runs $2,514/mo. Return on cash invested measures 13.31% in year one, and rental yield registers 5.2% at a $580,000 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,243 by year five. Five-year ROI tracks 67.39% and total cumulative return in cash totals $128,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1946
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: Saeid Banankhah • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225113190