805 Tully Rd APT 32ModestoCA95350
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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 805 Tully Rd APT 32, Modesto, CA, 95350 generates $2,243/mo in rent, after a $1,419/mo payment. Total monthly income is $2,243/mo. Return on cash invested sits at 19.12% in year one, and rental yield is 9.28% on a $289,995 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,120 over five years. Five-year ROI reaches 100.94% and total cumulative return in cash sums $97,035. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,243/mo property income rather than buyer’s personal income.
Condo
Built in 1965
527.08 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95350, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,644 (100%) |
| Owner Occupied HU | 10,724 (51.9%) |
| Renter Occupied HU | 9,149 (44.3%) |
| Vacant Housing Units | 771 ( 3.7%) |
| Median Home Value | $454,823 |
| Average Home Value | $496,752 |
Housing Distribution
Address Breakdown
Residential
20,397
Single Family
17,476
Multi-Family
2,921
Businesses
1,612
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Listed by: Indalecio Del Real • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224104246
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.