628 Crater AveModestoCA95351
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Nearby investment properties with comparable prices
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 628 Crater Ave, Modesto, CA, 95351 priced at $468,000 converts $2,998/mo rent into $103/mo cash flow after a $2,291/mo obligation. Total monthly income equals $2,998/mo, and annual cash flow totals $1,230/yr on $155,142 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 7.69% against a $468,000 entry. Equity gained on principal adds $3,020/yr, while 5% annual appreciation compiles into $129,300 by year five. Five-year ROI reaches 107.1% and total cumulative return in cash sums $166,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,998/mo property income covering a $2,291/mo payment, not borrower’s personal income.
Single Family
Built in 1993
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95351, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,612 (100%) |
| Owner Occupied HU | 6,403 (47.0%) |
| Renter Occupied HU | 6,749 (49.6%) |
| Vacant Housing Units | 460 ( 3.4%) |
| Median Home Value | $376,029 |
| Average Home Value | $409,122 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,139
Multi-Family
1,100
Businesses
1,333
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Listed by: Maggie Garcia • Next Home Progressive
Mls Name: CRMLS
Mls ID: #MC25280223