516 S Veach AveMantecaCA95337
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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 516 S Veach Ave, Manteca, CA, 95337 generates $2,676/mo in rent and, after a $1,953/mo payment, leaves $208/mo in cash flow. Total monthly income is $2,676/mo, and annual cash flow is $2,491/yr on $132,269 invested. Return on cash invested sits at 21.79% in year one, and rental yield is 8.05% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 112.95% and total cumulative return in cash sums $149,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,676/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,876 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: Olympia Hostler • Re/Max Crossroads
Mls Name: MetroList Services of CA
Mls ID: #225120311