651 E 21st StMercedCA95340
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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 Merced at 651 E 21st St, Merced, CA, 95340 generates $2,253/mo in rent, after a $2,200/mo payment. Total monthly income is $2,253/mo. Return on cash invested sits at 15.66% in year one, and rental yield is 6.01% on a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation builds toward $124,189 over five years. Five-year ROI reaches 80.06% and total cumulative return in cash sums $119,297. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,253/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95340, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,524 (100%) |
| Owner Occupied HU | 7,003 (51.8%) |
| Renter Occupied HU | 5,837 (43.2%) |
| Vacant Housing Units | 684 ( 5.1%) |
| Median Home Value | $432,803 |
| Average Home Value | $489,545 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,487
Multi-Family
806
Businesses
1,049
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Listed by: Tino Garza • Realty Executives Of Northern California
Mls Name: CRMLS
Mls ID: #MC25248238