455 Cherry Ln APT KMantecaCA95337
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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
Rental property for sale in Manteca at 455 Cherry Ln APT K, Manteca, CA, 95337 priced at $210,000 converts $1,426/mo rent into $127/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,426/mo, and annual cash flow totals $1,521/yr on $69,615 invested. Return on cash invested prints 22.09% in year one, and rental yield reads 8.15% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 114.57% and total cumulative return in cash sums $79,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,426/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Condo
Built in 1985
34.85 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95337, Manteca, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,927 (100%) |
| Owner Occupied HU | 11,681 (69.0%) |
| Renter Occupied HU | 4,673 (27.6%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $642,143 |
| Average Home Value | $667,609 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
14,414
Multi-Family
1,748
Businesses
628
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Listed by: Robert Ruibal • KW Central Valley
Mls Name: MetroList Services of CA
Mls ID: #225152777