409 1st StPattersonCA95363
Nearby investment properties with comparable rents
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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 Patterson at 409 1st St, Patterson, CA, 95363 priced at $1,995,500 pairs $2,713/mo rent with after a $9,767/mo payment. Total monthly income equals $2,713/mo. Return on cash invested is 2.49% in year one, and rental yield stands at 1.63% on a $1,995,500 basis. Equity gained on principal adds $12,877/yr, and 5% annual appreciation accumulates to $551,320 by year five. Five-year ROI measures 9.35% and total cumulative return in cash reaches $60,442. For financing, Ziffy Mortgage’s DSCR program evaluates $2,713/mo property income against a $9,767/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1945
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95363, Patterson, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,283 (100%) |
| Owner Occupied HU | 6,117 (65.9%) |
| Renter Occupied HU | 2,745 (29.6%) |
| Vacant Housing Units | 421 ( 4.5%) |
| Median Home Value | $497,359 |
| Average Home Value | $544,890 |
Housing Distribution
Address Breakdown
Residential
8,733
Single Family
8,629
Multi-Family
104
Businesses
541
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Nearby investment properties with comparable prices
Listed by: George Mac Master • Mountain Valley Properties
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #223112124
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.