401 Thrasher AveModestoCA95354
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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
Investment property for sale in Modesto at 401 Thrasher Ave, Modesto, CA, 95354 listed at $299,900 pairs $2,163/mo rent with a $1,468/mo payment to leave $308/mo cash flow. Total monthly income runs $2,163/mo, and annual cash flow reaches $3,692/yr on $99,417 cash to close. Return on cash invested measures 23.62% in year one, and rental yield registers 8.65% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 122.76% and total cumulative return in cash totals $122,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,163/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1945
4,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95354, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 4,459 (46.1%) |
| Renter Occupied HU | 4,848 (50.1%) |
| Vacant Housing Units | 364 ( 3.8%) |
| Median Home Value | $451,894 |
| Average Home Value | $520,711 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,539
Multi-Family
755
Businesses
1,681
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Listed by: Michael Pappas • Realty ONE Group Zoom
Mls Name: MetroList Services of CA
Mls ID: #226002994