848 Pennington PlModestoCA95356
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
Investment property for sale in Modesto at 848 Pennington Pl, Modesto, CA, 95356 earns $761/mo cash flow from $3,326/mo rent with a $1,957/mo payment. Total monthly income totals $3,326/mo, and annual cash flow totals $9,128/yr on $132,534 capital. ROI tracks 26.8% on current figures, and rental yield reads 9.98% at a $399,800 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,457 over five years. Five-year ROI reaches 140.08% and total cumulative return in cash sums $185,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,326/mo property income instead of your personal income.
Single Family
Built in 1986
4,845 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95356, Modesto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,484 (100%) |
| Owner Occupied HU | 7,947 (58.9%) |
| Renter Occupied HU | 5,073 (37.6%) |
| Vacant Housing Units | 464 ( 3.4%) |
| Median Home Value | $543,050 |
| Average Home Value | $611,001 |
Housing Distribution
Address Breakdown
Residential
12,633
Single Family
11,110
Multi-Family
1,523
Businesses
1,021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Oxana Smith • Real Broker
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224094117
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.