412 S Conejo 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
Investment property for sale in Modesto at 412 S Conejo Ave, Modesto, CA, 95354 uses $85,859 cash to close to unlock $1,601/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,736/mo, and a $1,268/mo payment keeps the spread at $133/mo. Purchase price stands at $259,000, and rental yield measures 8.04% with $1,736/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 112.88% and total cumulative return in cash records $96,916. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,736/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Multi Family
Built in 1954
10,502 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: John Searls • Vylla Home Inc.
Mls Name: MetroList Services of CA
Mls ID: #225095579