657 Gannet CtMercedCA95341
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 657 Gannet Ct, Merced, CA, 95341 in Merced. Priced at $255,000, it generates $2,204/mo in gross rent and $627/mo in net monthly cash flow, a 10.37% yield that comfortably supports the 1.92 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,523. Five-year appreciation: $70,452. Equity from principal paydown: $2,349/yr. Total projected cumulative return: $137,003.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $627 | $1,200 |
City averages based on Merced market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,204 |
| Total Monthly Debt Service | $1,476 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1984
4,029 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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
Multi Family
Built in 1984
4,029 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Lara Garcia • Lifestyle Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225055966
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