705 Scenic View CtModestoCA95354
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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 Modesto at 705 Scenic View Ct, Modesto, CA, 95354 generates $4,657/mo in rent and, after a $1,909/mo payment, leaves $2,244/mo in cash flow. Total monthly income is $4,657/mo, and annual cash flow is $26,931/yr on $129,285 invested. Return on cash invested sits at 40.74% in year one, and rental yield is 14.33% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 214.56% and total cumulative return in cash sums $277,400. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,657/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95354, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 4,459 (46.1%) |
| Renter Occupied HU | 4,848 (50.1%) |
| Vacant Housing Units | 364 ( 3.8%) |
| Median Home Value | $451,894 |
| Average Home Value | $520,711 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,539
Multi-Family
755
Businesses
1,681
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Listed by: Malissa Souza • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224089178
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.