3040 Stern WayTurlockCA95382
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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 3040 Stern Way, Turlock, CA, 95382 with 5% annual appreciation on a $449,900 basis while $3,709/mo rent supports operations. Total monthly income totals $3,709/mo and a $2,202/mo payment preserves $926/mo for cash returns. Annual cash flow comes to $11,111/yr on $149,142 deployed, and return on cash invested reaches 27.36% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 9.89%. Five-year ROI measures 142.78% and total cumulative return in cash totals $212,938.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,709/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
5,998 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: Marcus Theis • Theis Realty Group Inc.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224093799
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.