40 Clipper LnModestoCA95356
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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 40 Clipper Ln, Modesto, CA, 95356 priced at $129,000 pairs $989/mo rent with after a $631/mo payment. Total monthly income equals $989/mo. Return on cash invested is -1.32% in year one, and rental yield stands at 9.2% on a $129,000 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,640 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $989/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
$948 monthly 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: La Sonja Brown • LKB Enterprises, Inc
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224043697
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.