624 New Well CtLathropCA95330
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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 Lathrop at 624 New Well Ct, Lathrop, CA, 95330 uses $251,685 cash to close to unlock $16,194/yr annual cash flow and $1,349/mo monthly cash flow. Total monthly income runs $6,204/mo, and a $3,744/mo payment keeps the spread at $1,349/mo. Purchase price stands at $765,000, and rental yield measures 9.73% with $6,204/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 138.33% and total cumulative return in cash records $348,155. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,204/mo property income covering a $3,744/mo payment rather than investor’s personal income.
Single Family
Built in 2006
7,261 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95330, Lathrop, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,872 (100%) |
| Owner Occupied HU | 9,370 (78.9%) |
| Renter Occupied HU | 2,055 (17.3%) |
| Vacant Housing Units | 447 ( 3.8%) |
| Median Home Value | $643,207 |
| Average Home Value | $656,533 |
Housing Distribution
Address Breakdown
Residential
10,658
Single Family
10,422
Multi-Family
236
Businesses
488
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Listed by: Pankaj Bargotra • Valley Pacific Realty and Inve
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224083126
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.