449 Lemongrass 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
Investment property for sale in Turlock at 449 Lemongrass St, Turlock, CA, 95380 listed at $423,213 pairs $2,688/mo rent with a $2,071/mo payment to leave $70/mo cash flow. Total monthly income runs $2,688/mo, and annual cash flow reaches $844/yr on $140,295 cash to close. Return on cash invested measures 20.51% in year one, and rental yield registers 7.62% at a $423,213 basis. Equity gained on principal adds $2,731/yr, and annual property appreciation at 5% supports $116,926 by year five. Five-year ROI tracks 106.08% and total cumulative return in cash totals $148,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,688/mo property income relative to a $2,071/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Ryan Nickell • Escala Properties
Mls Name: MetroList Services of CA
Mls ID: #225142608