3701 Colonial Dr #36ModestoCA95356
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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 3701 Colonial Dr #36, Modesto, CA, 95356 generates $1,496/mo in rent and, after a $954/mo payment, leaves $290/mo in cash flow. Total monthly income is $1,496/mo, and annual cash flow is $3,481/yr on $64,643 invested. Return on cash invested sits at 25.29% in year one, and rental yield is 9.21% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 131.8% and total cumulative return in cash sums $85,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,496/mo property income rather than buyer’s personal income.
Condo
Built in 1980
435.60 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: Jing Wang • Bq Group
Mls Name: Bay East AOR
Mls ID: #41121328