832 Chalone DrModestoCA95358
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
Investment Highlights
Rental property for sale in Modesto at 832 Chalone Dr, Modesto, CA, 95358 priced at $440,000 pairs $2,783/mo rent with $61/mo cash flow after a $2,154/mo payment. Total monthly income equals $2,783/mo, and annual cash flow comes to $728/yr on $145,860 invested. Return on cash invested is 20.41% in year one, and rental yield stands at 7.59% on a $440,000 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,564 by year five. Five-year ROI measures 105.52% and total cumulative return in cash reaches $153,910. For financing, Ziffy Mortgage’s DSCR program evaluates $2,783/mo property income against a $2,154/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95358, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,162 (100%) |
| Owner Occupied HU | 5,448 (59.5%) |
| Renter Occupied HU | 3,425 (37.4%) |
| Vacant Housing Units | 289 ( 3.2%) |
| Median Home Value | $478,429 |
| Average Home Value | $585,853 |
Housing Distribution
Address Breakdown
Residential
8,705
Single Family
8,704
Multi-Family
1
Businesses
465
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Listed by: Cindy Fraze • Berkshire Hathaway HomeServices-Drysdale Properties
Mls Name: MetroList Services of CA
Mls ID: #225053688