405 Algen CtModestoCA95358
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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 405 Algen Ct, Modesto, CA, 95358 at $406,000 posts ROI 20.82% with $103/mo cash flow from $2,614/mo rent. Total monthly income equals $2,614/mo, and annual cash flow records $1,231/yr on $134,589 to close. Return on cash invested measures 20.82% and rental yield reads 7.73% at the current $406,000. Equity gained on principal adds $2,620/yr, and 5% annual appreciation supports $112,170 by year five. Five-year ROI prints 107.74% and total cumulative return in cash totals $145,012.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,614/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
4,421 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95358, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,162 (100%) |
| Owner Occupied HU | 5,448 (59.5%) |
| Renter Occupied HU | 3,425 (37.4%) |
| Vacant Housing Units | 289 ( 3.2%) |
| Median Home Value | $478,429 |
| Average Home Value | $585,853 |
Housing Distribution
Address Breakdown
Residential
8,705
Single Family
8,704
Multi-Family
1
Businesses
465
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Nearby investment properties with comparable prices
Listed by: Kevin Beyer • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225119919