924 W 13th StMercedCA95341
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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 924 W 13th St, Merced, CA, 95341 earns from $1,255/mo rent with a $3,304/mo payment. Total monthly income totals $1,255/mo. ROI tracks 4.28% on current figures, and rental yield reads 2.23% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 18.99% and total cumulative return in cash sums $42,171. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,255/mo property income instead of your personal income.
Multi Family
Built in 1985
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95341, Merced, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,816 (100%) |
| Owner Occupied HU | 4,963 (45.9%) |
| Renter Occupied HU | 5,499 (50.8%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $351,522 |
| Average Home Value | $427,970 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
9,715
Multi-Family
270
Businesses
736
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Listed by: William Baker • Homenet Realty
Mls Name: CRMLS
Mls ID: #MC25168446