984 Park StTurlockCA95380
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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 Turlock at 984 Park St, Turlock, CA, 95380 listed at $320,000 pairs $2,251/mo rent with a $1,566/mo payment to leave $272/mo cash flow. Total monthly income runs $2,251/mo, and annual cash flow reaches $3,260/yr on $106,080 cash to close. Return on cash invested measures 22.98% in year one, and rental yield registers 8.44% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 119.32% and total cumulative return in cash totals $126,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,251/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
9,835 sqft 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
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Listed by: Julie Kaley • Merced Homes Realty
Mls Name: MetroList Services of CA
Mls ID: #225112108