700 S Berkeley AveTurlockCA95380
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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 Turlock at 700 S Berkeley Ave, Turlock, CA, 95380 priced at $399,999 converts $2,407/mo rent into after a $1,958/mo obligation. Total monthly income equals $2,407/mo. Return on cash invested prints 19.3% in year one, and rental yield reads 7.22% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 99.57% and total cumulative return in cash sums $132,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,407/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1965
6,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95380, Turlock, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,476 (100%) |
| Owner Occupied HU | 6,846 (47.3%) |
| Renter Occupied HU | 7,007 (48.4%) |
| Vacant Housing Units | 623 ( 4.3%) |
| Median Home Value | $455,361 |
| Average Home Value | $522,029 |
Housing Distribution
Address Breakdown
Residential
14,322
Single Family
12,813
Multi-Family
1,509
Businesses
1,500
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Listed by: Clarissa Azevedo • Exit Realty Consultants
Mls Name: CRMLS
Mls ID: #MC26004633