6301 Palmer AveRiverbankCA95367
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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 6301 Palmer Ave, Riverbank, CA, 95367 listed at $299,900 pairs $1,994/mo rent with a $1,468/mo payment to leave $139/mo cash flow. Total monthly income runs $1,994/mo, and annual cash flow reaches $1,664/yr on $99,417 cash to close. Return on cash invested measures 21.58% in year one, and rental yield registers 7.98% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 111.82% and total cumulative return in cash totals $111,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,994/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
6,751 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: Antonio Hernandez Mendoza • J.Peter Realtors
Mls Name: MetroList Services of CA
Mls ID: #225062788