3604 Beresford DrModestoCA95357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3604 Beresford Dr, Modesto, CA, 95357 priced at $465,000 converts $4,328/mo rent into $1,330/mo cash flow after a $2,276/mo obligation. Total monthly income equals $4,328/mo, and annual cash flow totals $15,956/yr on $154,148 invested. Return on cash invested prints 30.26% in year one, and rental yield reads 11.17% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 158.68% and total cumulative return in cash sums $244,607. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,328/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 1990
5,502 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95357, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,127 (100%) |
| Owner Occupied HU | 2,835 (68.7%) |
| Renter Occupied HU | 1,171 (28.4%) |
| Vacant Housing Units | 121 ( 2.9%) |
| Median Home Value | $521,319 |
| Average Home Value | $549,821 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
4,048
Multi-Family
0
Businesses
620
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Listed by: Valeriya Brauer • eXp Realty of California Inc.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224055994
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.