306 Maynell AveModestoCA95354
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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 306 Maynell Ave, Modesto, CA, 95354 with 5% annual appreciation on a $310,000 basis while $2,243/mo rent supports operations. Total monthly income totals $2,243/mo and a $1,517/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,907/yr on $102,765 deployed, and return on cash invested reaches 23.71% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 8.68%. Five-year ROI measures 123.25% and total cumulative return in cash totals $126,655.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,243/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95354, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 4,459 (46.1%) |
| Renter Occupied HU | 4,848 (50.1%) |
| Vacant Housing Units | 364 ( 3.8%) |
| Median Home Value | $451,894 |
| Average Home Value | $520,711 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,539
Multi-Family
755
Businesses
1,681
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Listed by: Stephanie Owens • Grand Properties
Mls Name: MetroList Services of CA
Mls ID: #225065451