68 Clipper LnModestoCA95356
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
Investment Highlights
Rental property for sale in Modesto at 68 Clipper Ln, Modesto, CA, 95356 priced at $174,900 converts $1,390/mo rent into $308/mo cash flow after a $856/mo obligation. Total monthly income equals $1,390/mo, and annual cash flow totals $3,697/yr on $57,979 invested. Return on cash invested prints 26.29% in year one, and rental yield reads 9.54% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 137.12% and total cumulative return in cash sums $79,500. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,390/mo property income covering a $856/mo payment, not borrower’s personal income.
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,484 (100%) |
| Owner Occupied HU | 7,947 (58.9%) |
| Renter Occupied HU | 5,073 (37.6%) |
| Vacant Housing Units | 464 ( 3.4%) |
| Median Home Value | $543,050 |
| Average Home Value | $611,001 |
Housing Distribution
Address Breakdown
Residential
12,633
Single Family
11,110
Multi-Family
1,523
Businesses
1,021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christian Limas • J.Peter Realtors
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225014139
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.