427-429 W 23rd StMercedCA95340
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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 427-429 W 23rd St, Merced, CA, 95340 listed at $999,995 pairs $2,878/mo rent with a $4,894/mo payment. Total monthly income runs $2,878/mo. Return on cash invested measures 8% in year one, and rental yield registers 3.45% at a $999,995 basis. Equity gained on principal adds $6,453/yr, and annual property appreciation at 5% supports $276,280 by year five. Five-year ROI tracks 38.93% and total cumulative return in cash totals $128,066. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,878/mo property income relative to a $4,894/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1974
7,126 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: Carlos Gutierrez • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225037028
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