418 Locust StTurlockCA95380
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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 Turlock at 418 Locust St, Turlock, CA, 95380 priced at $1,275,000 pairs $1,468/mo rent with after a $6,240/mo payment. Total monthly income equals $1,468/mo. Return on cash invested is 1.72% in year one, and rental yield stands at 1.38% on a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and 5% annual appreciation accumulates to $352,259 by year five. Five-year ROI measures 5.23% and total cumulative return in cash reaches $21,614. For financing, Ziffy Mortgage’s DSCR program evaluates $1,468/mo property income against a $6,240/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95380, Turlock, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,476 (100%) |
| Owner Occupied HU | 6,846 (47.3%) |
| Renter Occupied HU | 7,007 (48.4%) |
| Vacant Housing Units | 623 ( 4.3%) |
| Median Home Value | $455,361 |
| Average Home Value | $522,029 |
Housing Distribution
Address Breakdown
Residential
14,322
Single Family
12,813
Multi-Family
1,509
Businesses
1,500
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Listed by: Alexander Espinoza • Atlantic Realty
Mls Name: MetroList Services of CA
Mls ID: #225120149