889 E 23rd StMercedCA95340
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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 889 E 23rd St, Merced, CA, 95340 earns $279/mo cash flow from $2,218/mo rent with a $1,508/mo payment. Total monthly income totals $2,218/mo, and annual cash flow totals $3,343/yr on $102,102 capital. ROI tracks 23.18% on current figures, and rental yield reads 8.64% at a $308,000 purchase. Equity gained on principal adds $1,987/yr, and 5% annual appreciation supports $85,095 over five years. Five-year ROI reaches 120.55% and total cumulative return in cash sums $123,088. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,218/mo property income instead of your personal income.
Single Family
Built in 1951
6,943 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95340, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,524 (100%) |
| Owner Occupied HU | 7,003 (51.8%) |
| Renter Occupied HU | 5,837 (43.2%) |
| Vacant Housing Units | 684 ( 5.1%) |
| Median Home Value | $432,803 |
| Average Home Value | $489,545 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,487
Multi-Family
806
Businesses
1,049
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Listed by: Angelica Bagwell • Barrios Realty Consultants
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225084884
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