3701 Colonial Dr #38ModestoCA95356
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
Investment property for sale in Modesto at 3701 Colonial Dr #38, Modesto, CA, 95356 earns $131/mo cash flow from $1,622/mo rent with a $795/mo payment. Total monthly income totals $1,622/mo, and annual cash flow totals $1,573/yr on $53,869 capital. ROI tracks 22.83% on current figures, and rental yield reads 11.98% at a $162,500 purchase. Equity gained on principal adds $1,049/yr, and 5% annual appreciation supports $44,896 over five years. Five-year ROI reaches 122.51% and total cumulative return in cash sums $65,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,622/mo property income instead of your personal income.
Condo
Built in 1980
429 sqft lot
$N/A/sqft
$486 see remarks 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Baugh • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225031510
Disclaimer: Every person who intends to view or use such MLS information agrees to Terms of Use that include the following terms and conditions:All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2025 MetroList Services, Inc. Information being provided by Metrolist Services, Inc. is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. [Click here for more information](/mls-disclaimers/#16)