412 Parry 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
Rental property for sale in Modesto at 412 Parry Ave, Modesto, CA, 95354 priced at $448,999 converts $2,796/mo rent into $18/mo cash flow after a $2,198/mo obligation. Total monthly income equals $2,796/mo, and annual cash flow totals $217/yr on $148,843 invested. Return on cash invested prints 20.05% in year one, and rental yield reads 7.47% against a $448,999 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 103.64% and total cumulative return in cash sums $154,264. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,796/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 1949
6,900 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: Xochilt Mexicano • Blue Door Realty Inc
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225014898
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