3529 Paseo Verde AveMercedCA95348
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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 Merced at 3529 Paseo Verde Ave, Merced, CA, 95348 priced at $460,000 converts $2,643/mo rent into after a $2,251/mo obligation. Total monthly income equals $2,643/mo. Return on cash invested prints 18.32% in year one, and rental yield reads 6.89% against a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,090 by year five. Five-year ROI reaches 94.3% and total cumulative return in cash sums $143,797. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,643/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,869 sqft 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: Teresa Kleinen • Better Homes and Gardens Real
Mls Name: Fresno MLS
Mls ID: #637956