644 Mendocino CtLos BanosCA93635
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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
Rental property for sale in Los Banos at 644 Mendocino Ct, Los Banos, CA, 93635 offers $2,690/mo rent that, after a $2,144/mo payment. Total monthly income is $2,690/mo. Return on cash invested measures 19.75% in year one, and rental yield stands at 7.37% at a $438,000 entry. Equity gained on principal adds $2,826/yr while 5% annual appreciation compounds into $121,011 by year five. Five-year ROI records 101.98% and total cumulative return in cash reaches $148,074. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,690/mo property income versus a $2,144/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5,993 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93635, Los Banos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,527 (100%) |
| Owner Occupied HU | 9,325 (60.1%) |
| Renter Occupied HU | 5,581 (35.9%) |
| Vacant Housing Units | 621 ( 4.0%) |
| Median Home Value | $433,586 |
| Average Home Value | $484,654 |
Housing Distribution
Address Breakdown
Residential
15,020
Single Family
14,691
Multi-Family
329
Businesses
1,012
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Listed by: Thomas Kaljian • T. Kaljian Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225117770