895 N Mitchell AveTurlockCA95380
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 895 N Mitchell Ave, Turlock, CA, 95380 in Turlock hard to pass up. The 14.09% gross yield on a $228,677 purchase results in $2,686/mo in rent and $1,200/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.61). Annual cash flow of $14,406, five-year appreciation of $63,179, and $2,106/yr in equity build-up combine for a projected total cumulative return of $164,348.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 6.0% |
| Monthly Cash Flow | $1,200 | $1,200 |
City averages based on Turlock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,686 |
| Total Monthly Debt Service | $1,394 |
| DSCR Ratio | 1.93x |
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 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95380, Turlock, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,476 (100%) |
| Owner Occupied HU | 6,846 (47.3%) |
| Renter Occupied HU | 7,007 (48.4%) |
| Vacant Housing Units | 623 ( 4.3%) |
| Median Home Value | $455,361 |
| Average Home Value | $522,029 |
Housing Distribution
Address Breakdown
Residential
14,322
Single Family
12,813
Multi-Family
1,509
Businesses
1,500
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 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95380, Turlock, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,476 (100%) |
| Owner Occupied HU | 6,846 (47.3%) |
| Renter Occupied HU | 7,007 (48.4%) |
| Vacant Housing Units | 623 ( 4.3%) |
| Median Home Value | $455,361 |
| Average Home Value | $522,029 |
Housing Distribution
Address Breakdown
Residential
14,322
Single Family
12,813
Multi-Family
1,509
Businesses
1,500
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PMZ Real Estate
Mls Provider:
Mls ID: #224104600