748 Melva AveOakdaleCA95361
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.75% yield at 748 Melva Ave, Oakdale, CA, 95361 in Oakdale is solid, but the $2,158/mo payment compresses net cash flow to $132/mo at $479,888. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $132,584 by year five, and $4,420/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.44) without U.S. income documentation. Total projected return: $190,511.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $132 | $300 |
City averages based on Oakdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,101 |
| Total Monthly Debt Service | $2,778 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95361, Oakdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 8,870 (67.2%) |
| Renter Occupied HU | 3,876 (29.4%) |
| Vacant Housing Units | 450 ( 3.4%) |
| Median Home Value | $551,388 |
| Average Home Value | $614,477 |
Housing Distribution
Address Breakdown
Residential
12,423
Single Family
11,833
Multi-Family
590
Businesses
1,200
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
Single Family
Built in 1976
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95361, Oakdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 8,870 (67.2%) |
| Renter Occupied HU | 3,876 (29.4%) |
| Vacant Housing Units | 450 ( 3.4%) |
| Median Home Value | $551,388 |
| Average Home Value | $614,477 |
Housing Distribution
Address Breakdown
Residential
12,423
Single Family
11,833
Multi-Family
590
Businesses
1,200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MetroList Services of CA
Mls ID: #226037609