604 Kinshire WayPattersonCA95363
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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 Patterson at 604 Kinshire Way, Patterson, CA, 95363 priced at $455,000 converts $2,780/mo rent into after a $2,227/mo obligation. Total monthly income equals $2,780/mo. Return on cash invested prints 19.63% in year one, and rental yield reads 7.33% against a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation compiles into $125,708 by year five. Five-year ROI reaches 101.37% and total cumulative return in cash sums $152,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,780/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 1988
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95363, Patterson, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,283 (100%) |
| Owner Occupied HU | 6,117 (65.9%) |
| Renter Occupied HU | 2,745 (29.6%) |
| Vacant Housing Units | 421 ( 4.5%) |
| Median Home Value | $497,359 |
| Average Home Value | $544,890 |
Housing Distribution
Address Breakdown
Residential
8,733
Single Family
8,629
Multi-Family
104
Businesses
541
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Listed by: Connie Chesley • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225139926