707 Marcelina CtMercedCA95341
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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 Merced at 707 Marcelina Ct, Merced, CA, 95341 uses $135,913 cash to close to unlock $11,652/yr annual cash flow and $971/mo monthly cash flow. Total monthly income runs $3,662/mo, and a $2,007/mo payment keeps the spread at $971/mo. Purchase price stands at $409,995, and rental yield measures 10.72% with $3,662/mo rent. Return on cash invested shows 28.48% in year one, and 5% annual appreciation builds toward $113,274 over five years. Five-year ROI reaches 149.29% and total cumulative return in cash records $202,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,662/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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Listed by: Miguel Tovar • Remax Property Experts
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81969723
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-14 10:14:43 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.