6608 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 6608 Gallop Ln, Riverbank, CA, 95367 listed at $511,900 pairs $4,081/mo rent with a $2,506/mo payment to leave $915/mo cash flow. Total monthly income runs $4,081/mo, and annual cash flow reaches $10,977/yr on $168,415 cash to close. Return on cash invested measures 26.58% in year one, and rental yield registers 9.57% at a $511,900 basis. Equity gained on principal adds $3,303/yr, and annual property appreciation at 5% supports $141,429 by year five. Five-year ROI tracks 138.57% and total cumulative return in cash totals $233,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,081/mo property income relative to a $2,506/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: #224077042
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.