409 Thrasher AveModestoCA95354
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 409 Thrasher Ave, Modesto, CA, 95354 in Modesto. Rental yield 6.65%. The 1.23 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $96,699 and $3,224/yr in principal reduction project total return of $118,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 5.8% |
| Monthly Cash Flow | $(225) | $420 |
City averages based on Modesto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,940 |
| Total Monthly Debt Service | $2,026 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
8,001 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
Nearby investment properties with comparable rents
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
Single Family
Built in 1967
8,001 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bradly Cardoso • Redwood Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225105034