437 Lemongrass StTurlockCA95380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Turlock at 437 Lemongrass St, Turlock, CA, 95380 offers a 8.04% rental yield on a $464,659 purchase with $3,114/mo rent. Total monthly income registers $3,114/mo, and a $2,274/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,878/yr on $154,034 to close, and return on cash invested stands at 21.78% in year one. Equity gained on principal adds $2,998/yr while 5% annual appreciation supports $128,377 over five years. Portfolio math shows five-year ROI at 112.85% and total cumulative return in cash at $173,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $2,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2,160 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Nickell • Escala Properties
Mls Name: MetroList Services of CA
Mls ID: #225151750