429 Ranger Ct UNIT 111OakdaleCA95361
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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 Oakdale at 429 Ranger Ct UNIT 111, Oakdale, CA, 95361 uses $140,722 cash to close to unlock $3,596/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $2,926/mo, and a $2,078/mo payment keeps the spread at $300/mo. Purchase price stands at $424,500, and rental yield measures 8.27% with $2,926/mo rent. Return on cash invested shows 22.46% in year one, and 5% annual appreciation builds toward $117,282 over five years. Five-year ROI reaches 116.54% and total cumulative return in cash records $163,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $2,078/mo payment rather than investor’s personal income.
Condo
Built in 2008
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95361, Oakdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 8,870 (67.2%) |
| Renter Occupied HU | 3,876 (29.4%) |
| Vacant Housing Units | 450 ( 3.4%) |
| Median Home Value | $551,388 |
| Average Home Value | $614,477 |
Housing Distribution
Address Breakdown
Residential
12,423
Single Family
11,833
Multi-Family
590
Businesses
1,200
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Listed by: Chris Johnson • Endurance Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225117724