6511 Gallop LnRiverbankCA95367
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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 Riverbank at 6511 Gallop Ln, Riverbank, CA, 95367 offers $3,199/mo rent that, after a $2,535/mo payment. Total monthly income is $3,199/mo. Return on cash invested measures 20.03% in year one, and rental yield stands at 7.41% at a $517,900 entry. Equity gained on principal adds $3,342/yr while 5% annual appreciation compounds into $143,086 by year five. Five-year ROI records 103.46% and total cumulative return in cash reaches $176,280. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,199/mo property income versus a $2,535/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,370 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: Jeanine M Roach • LGI Realty - California, Inc.
Mls Name: BAREIS
Mls Provider:
Mls ID: #224055710
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.