419 E Olive AveMercedCA95340
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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 Merced at 419 E Olive Ave, Merced, CA, 95340 with 5% annual appreciation on a $670,000 basis while $5,746/mo rent supports operations. Total monthly income totals $5,746/mo and a $3,279/mo payment preserves $1,393/mo for cash returns. Annual cash flow comes to $16,720/yr on $220,430 deployed, and return on cash invested reaches 27.65% in year one. Equity gained on principal adds $4,323/yr, and five-year appreciation sums $185,109 alongside rental yield of 10.29%. Five-year ROI measures 144.71% and total cumulative return in cash totals $318,989.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,746/mo property income versus a $3,279/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2022
6,121 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95340, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,524 (100%) |
| Owner Occupied HU | 7,003 (51.8%) |
| Renter Occupied HU | 5,837 (43.2%) |
| Vacant Housing Units | 684 ( 5.1%) |
| Median Home Value | $432,803 |
| Average Home Value | $489,545 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,487
Multi-Family
806
Businesses
1,049
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Listed by: Stacy L. Tennesen • Century 21 Select Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #611279
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.