610 Plaza De Las SierrasModestoCA95350
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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 Modesto at 610 Plaza De Las Sierras, Modesto, CA, 95350 priced at $314,300 pairs $2,033/mo rent with $89/mo cash flow after a $1,538/mo payment. Total monthly income equals $2,033/mo, and annual cash flow comes to $1,068/yr on $104,190 invested. Return on cash invested is 20.93% in year one, and rental yield stands at 7.76% on a $314,300 basis. Equity gained on principal adds $2,028/yr, and 5% annual appreciation accumulates to $86,835 by year five. Five-year ROI measures 108.38% and total cumulative return in cash reaches $112,921. For financing, Ziffy Mortgage’s DSCR program evaluates $2,033/mo property income against a $1,538/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
1,738 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: N/A • N/A
Mls Name: PMZ Real Estate
Mls Provider:
Mls ID: #225023307