601 Summit CtModestoCA95357
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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 Modesto at 601 Summit Ct, Modesto, CA, 95357 with 5% annual appreciation on a $445,000 basis while $2,504/mo rent supports operations. 89% in year one. Equity gained on principal adds $2,872/yr, and five-year appreciation sums $122,945 alongside rental yield of 6.75%. Five-year ROI measures 92% and total cumulative return in cash totals $135,716. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,504/mo property income versus a $2,178/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
8,319 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95357, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,127 (100%) |
| Owner Occupied HU | 2,835 (68.7%) |
| Renter Occupied HU | 1,171 (28.4%) |
| Vacant Housing Units | 121 ( 2.9%) |
| Median Home Value | $521,319 |
| Average Home Value | $549,821 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
4,048
Multi-Family
0
Businesses
620
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Listed by: Irene Diaz • Compass
Mls Name: MetroList Services of CA
Mls ID: #225153633