Carnival DrTurlockCA95380
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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 Carnival Dr, Turlock, CA, 95380 offers a 7.52% rental yield on a $599,000 purchase with $3,754/mo rent. Total monthly income registers $3,754/mo, and a $2,932/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $579/yr on $197,071 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 105.2% and total cumulative return in cash at $207,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,754/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5,532 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: Kris Klair • EXIT REALTY CONSULTANTS
Mls Name: Exit Realty
Mls Provider:
Mls ID: #225003606