3119 N Lorrie CtMercedCA95348
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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
Total monthly income runs $3,112/mo, and a $3,665/mo payment. Purchase price stands at $748,888, and rental yield measures 4.99% with $3,112/mo rent. Return on cash invested shows 12.66% in year one, and 5% annual appreciation builds toward $206,904 over five years. Five-year ROI reaches 63.91% and total cumulative return in cash records $157,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,112/mo property income covering a $3,665/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95348, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,340 (100%) |
| Owner Occupied HU | 5,789 (43.4%) |
| Renter Occupied HU | 6,650 (49.9%) |
| Vacant Housing Units | 901 ( 6.8%) |
| Median Home Value | $400,787 |
| Average Home Value | $436,785 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
11,285
Multi-Family
1,722
Businesses
534
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Listed by: Sherwin DeBelen • Nation One Realty & Mortgage INC.
Mls Name: CRMLS
Mls ID: #MD25261221