3213 Perennial WayModestoCA95356
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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
Rental property for sale in Modesto at 3213 Perennial Way, Modesto, CA, 95356 priced at $759,888 converts $4,272/mo rent into after a $3,719/mo obligation. Total monthly income equals $4,272/mo. Return on cash invested prints 17.32% in year one, and rental yield reads 6.75% against a $759,888 entry. Equity gained on principal adds $4,903/yr, while 5% annual appreciation compiles into $209,943 by year five. Five-year ROI reaches 89.15% and total cumulative return in cash sums $222,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,272/mo property income covering a $3,719/mo payment, not borrower’s personal income.
Single Family
Built in 2021
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,484 (100%) |
| Owner Occupied HU | 7,947 (58.9%) |
| Renter Occupied HU | 5,073 (37.6%) |
| Vacant Housing Units | 464 ( 3.4%) |
| Median Home Value | $543,050 |
| Average Home Value | $611,001 |
Housing Distribution
Address Breakdown
Residential
12,633
Single Family
11,110
Multi-Family
1,523
Businesses
1,021
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Listed by: Judy Chein • Beacon Real Estate, Inc.
Mls Name: SFAR
Mls Provider:
Mls ID: #224097107
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.