For SaleRisky Deal0 days on market
2400 Payne Ave
2400 Payne Ave, Modesto, CA 95351, Modesto, CA 95351
$535,000
Estimate®:$531,800
Listing Price
2400 Payne Ave, Modesto, CA 95351
Loc: Modesto, CA
Days Listed
0
Tax Assessed
$406k
Estimate®
$532k
Market Rate
Lot Size
6,460 sqft
Rent Estimate
$3,007/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Virginia Parks Elementary School
K-6
0.2 mi away
4
Mae Hensley Junior High School
7-8
0.8 mi away
6
Ceres High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-style housetwo-car garagestucco exteriorbrick accentsasphalt shingle roofgabled rooflinedormer windowfront walkwaysuburbanestablished landscapingsingle-storydrivewayresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.02%
Total ROI
46.3%
Cash Flow
$-982/mo
DSCR
0.65
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-982/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Modesto, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $535,000 | $256 |
| 2016-10-31 | Sold | $343,000 | $164 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $406,035 |
| 2025 | $4,616.06 | $398,074 |
| 2024 | $4,326.58 | $390,270 |
| 2023 | $4,207.62 | $382,619 |
| 2022 | $4,169.92 | $375,118 |
| 2021 | $4,127.52 | $367,763 |
| 2020 | $3,999.52 | $363,993 |
| 2019 | $3,971.96 | $356,857 |
| 2018 | $3,888.74 | $349,860 |
| 2017 | $3,872.11 | $343,000 |
| 2016 | $2,449.36 | $219,544 |
| 2015 | $2,365.72 | $216,247 |
| 2014 | $2,365.72 | $212,012 |
| 2012 | $0 | $134,000 |
| 2011 | $0 | $167,500 |
| 2010 | $0 | $173,500 |
| 2009 | $0 | $201,825 |
| 2008 | $0 | $197,868 |
| 2007 | $0 | $193,989 |
| 2006 | $0 | $190,186 |
| 2005 | $0 | $186,458 |
| 2004 | $1,864.38 | $182,803 |
| 2003 | $1,845.14 | $179,454 |
| 2001 | $1,670.26 | $171,486 |
| 2000 | $1,485.4 | $153,000 |
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