358 N Berkeley AveTurlockCA95380
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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 Turlock at 358 N Berkeley Ave, Turlock, CA, 95380 offers $3,360/mo rent that, after a $2,251/mo payment, leaves $515/mo cash flow. Total monthly income is $3,360/mo, and annual cash flow is $6,178/yr on $152,490 cash. Return on cash invested measures 23.96% in year one, and rental yield stands at 8.77% at a $460,000 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,090 by year five. Five-year ROI records 124.56% and total cumulative return in cash reaches $189,937. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,741 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95380, Turlock, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,476 (100%) |
| Owner Occupied HU | 6,846 (47.3%) |
| Renter Occupied HU | 7,007 (48.4%) |
| Vacant Housing Units | 623 ( 4.3%) |
| Median Home Value | $455,361 |
| Average Home Value | $522,029 |
Housing Distribution
Address Breakdown
Residential
14,322
Single Family
12,813
Multi-Family
1,509
Businesses
1,500
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Listed by: Michael Madruga • Sungate Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224066284
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.