6232 Matthew LnRiverbankCA95367
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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 Riverbank at 6232 Matthew Ln, Riverbank, CA, 95367 uses $162,104 cash to close to unlock $3,088/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $3,282/mo, and a $2,393/mo payment keeps the spread at $257/mo. Purchase price stands at $489,000, and rental yield measures 8.05% with $3,282/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 113.07% and total cumulative return in cash records $183,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,282/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2020
6,557 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95367, Riverbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,899 (100%) |
| Owner Occupied HU | 5,618 (71.1%) |
| Renter Occupied HU | 2,106 (26.7%) |
| Vacant Housing Units | 175 ( 2.2%) |
| Median Home Value | $487,981 |
| Average Home Value | $542,508 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
7,584
Multi-Family
76
Businesses
415
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Listed by: Chris Nichols • Atlantic Realty
Mls Name: CRMLS
Mls ID: #MC25248282