701 Erie DrStocktonCA95210
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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 Stockton at 701 Erie Dr, Stockton, CA, 95210 priced at $498,000 converts $2,481/mo rent into after a $2,437/mo obligation. Total monthly income equals $2,481/mo. Return on cash invested prints 15.55% in year one, and rental yield reads 5.98% against a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation compiles into $137,588 by year five. Five-year ROI reaches 79.48% and total cumulative return in cash sums $131,212. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,481/mo property income covering a $2,437/mo payment, not borrower’s personal income.
Single Family
Built in 1975
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95210, Stockton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,510 (100%) |
| Owner Occupied HU | 5,874 (47.0%) |
| Renter Occupied HU | 6,329 (50.6%) |
| Vacant Housing Units | 307 ( 2.5%) |
| Median Home Value | $375,015 |
| Average Home Value | $407,516 |
Housing Distribution
Address Breakdown
Residential
12,344
Single Family
10,891
Multi-Family
1,453
Businesses
534
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Listed by: Delores Gregorio • Mancebo Realty Inc.
Mls Name: MetroList Services of CA
Mls ID: #226000829