409 Fleetwood DrModestoCA95350
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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 409 Fleetwood Dr, Modesto, CA, 95350 priced at $529,900 converts $3,366/mo rent into $88/mo cash flow after a $2,594/mo obligation. Total monthly income equals $3,366/mo, and annual cash flow totals $1,050/yr on $174,337 invested. Return on cash invested prints 20.66% in year one, and rental yield reads 7.62% against a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation compiles into $146,402 by year five. Five-year ROI reaches 106.86% and total cumulative return in cash sums $186,299. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,366/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: Sergio Ruezga • Kingdom Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225108350