643 N Melaluca RdTracyCA95391
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 643 N Melaluca Rd, Tracy, CA, 95391 in Tracy fits: $775,000, 5.52% gross yield, and a projected 5% annual appreciation rate adding $214,118 in value within five years. Rental yield 5.52%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.02) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,138/yr in principal paydown and $214,118 in appreciation project a total return of $214,614.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.0% |
| Monthly Cash Flow | $(1,406) | $300 |
City averages based on Tracy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,563 |
| Total Monthly Debt Service | $4,486 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95391, Tracy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 6,304 (71.8%) |
| Renter Occupied HU | 1,832 (20.9%) |
| Vacant Housing Units | 638 ( 7.3%) |
| Median Home Value | $849,163 |
| Average Home Value | $881,315 |
Housing Distribution
Address Breakdown
Residential
8,067
Single Family
8,067
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
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
Single Family
Built in N/A
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95391, Tracy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 6,304 (71.8%) |
| Renter Occupied HU | 1,832 (20.9%) |
| Vacant Housing Units | 638 ( 7.3%) |
| Median Home Value | $849,163 |
| Average Home Value | $881,315 |
Housing Distribution
Address Breakdown
Residential
8,067
Single Family
8,067
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justyna Korczynski • The New Home Company
Mls Name: MetroList Services of CA
Mls ID: #226019469