624 Rensselaer CtMercedCA95348
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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 Merced at 624 Rensselaer Ct, Merced, CA, 95348 earns from $2,276/mo rent with a $2,031/mo payment. Total monthly income totals $2,276/mo. ROI tracks 16.5% on current figures, and rental yield reads 6.58% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 84.9% and total cumulative return in cash sums $116,793. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,276/mo property income instead of your personal income.
Single Family
Built in 1987
7,910 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95348, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,340 (100%) |
| Owner Occupied HU | 5,789 (43.4%) |
| Renter Occupied HU | 6,650 (49.9%) |
| Vacant Housing Units | 901 ( 6.8%) |
| Median Home Value | $400,787 |
| Average Home Value | $436,785 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
11,285
Multi-Family
1,722
Businesses
534
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Listed by: Stacy L. Tennesen • Century 21 Select Real Estate
Mls Name: Fresno MLS
Mls ID: #629898