603 Cadiz AveMercedCA95341
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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 Merced at 603 Cadiz Ave, Merced, CA, 95341 generates $3,184/mo in rent and, after a $2,198/mo payment, leaves $406/mo in cash flow. Total monthly income is $3,184/mo, and annual cash flow is $4,872/yr on $148,844 invested. Return on cash invested sits at 23.18% in year one, and rental yield is 8.51% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 120.42% and total cumulative return in cash sums $179,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,184/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
3,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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Listed by: Mary Ann Osorio • Berkshire Hathaway HS Real Time Realty
Mls Name: MLSListings Inc
Mls ID: #ML82024080