6516 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
Investment property for sale in Riverbank at 6516 Gallop Ln, Riverbank, CA, 95367 uses $168,415 cash to close to unlock $10,977/yr annual cash flow and $915/mo monthly cash flow. Total monthly income runs $4,081/mo, and a $2,506/mo payment keeps the spread at $915/mo. Purchase price stands at $511,900, and rental yield measures 9.57% with $4,081/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $141,429 over five years. Five-year ROI reaches 138.57% and total cumulative return in cash records $233,376. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,081/mo property income covering a $2,506/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,353 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: #224077000
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.