This single-family home is located at 1961 Nikki Ann Way in Turlock, CA. Built in 1990, it features 4 bedrooms, 2 bathrooms, and 2310 sq ft of living space on a 5663 sq ft lot. The property is occupied and is in pre-foreclosure status....
This 4 bedroom, 2 bathroom property is located in Turlock, CA. With 2,310 square feet and built in 1990, this property presents a great opportunity for investors and home buyers alike.
What this place offers
4 Bedrooms
2 Bathrooms
2,310 sqft
5,663 SqFt
Built in 1990
2 Total spaces
Central Air
Stanislaus County
Key Features
Cash Only
Eviction Partner
Documents
Preliminary Report
Listing Agent Info
Alfred Younan
408-728-5468
alfred@metro-realtypros.com
Brokerage
Metro Realty Pros
Managing Broker
Alfred Younan
Register to view Agent's Details
1961 Nikki Ann Way
Turlock, CA 95380
4 bed•2 bath•2,310 Sq. Ft.
Purchase Price
$32,333
Net Annual Cash Flow
+$2,694/mo
Income
Gross Annual Rent
$2,953/mo × 12 — rental estimate from Vihara Analytics · Oct 2026
Annual property tax from Alameda County assessor records via Vihara Analytics (2026)
−$3,103
HOA Dues
$0/mo × 12 — from listing data (Victoria Court HOA)
−$0
Property Management
Net revenue × 0% — industry standard for long-term rental management. Adjust below.
−$0
Maintenance Reserve
Purchase price × 0% — standard reserve for repairs & upkeep. Adjust below.
−$0
Total Expenses
Property Tax + HOA + Management + Maintenance
−$3,103
Net Cash Flow
Annual Net Cash Flow
Net Revenue − Total Expenses
$32,333
Source: Vihara Analytics · 2026
$105,525
Total Cash Required
to close this deal
Cash at Closing
Down Payment
Purchase price × 20% — adjust below
$84,420
Closing Costs
Purchase price × 5% — standard estimate for CA. Adjust below.
$21,105
Total Required
Down Payment + Closing Costs
$105,525
Adjust Assumptions
Down Payment
% of purchase price paid upfront. Typical: 20–25% for investment properties.
%
Closing Costs
% of purchase price. California avg: 2–4%. Includes title, escrow, transfer tax.
%
Vacancy Rate
% of year property sits vacant. Oakland market avg ~5%. Affects net revenue.
%
Mgmt Fee
% of net rent paid to property manager. Industry standard: 8–12% for LTR.
%
Maintenance
% of purchase price reserved annually for repairs. Rule of thumb: 1% per year.
%
Turlock Market Context
Market factors used to inform your calculation assumptions
Market Vacancy Rate
Turlock rental vacancy rate per U.S. Census ACS 2023. Your default assumption of 5% is slightly conservative — a reasonable buffer for investor planning. Source: U.S. Census Bureau ACS 2023
~4.2%Turlock rental market
Price vs. Market estimate
Purchase price $422,100 vs Vihara Analytics estimated value $520,784. A purchase below estimated value provides a built-in equity cushion. Source: Vihara Analytics · Oct 2026
19% belowEst. value $520,784
Median Sold Price
Turlock median sold price over last 30 days. Contextualizes how this property is priced relative to the broader market. Source: Vihara Analytics · Oct 2026
$325,375Trend: ↑ Rising
Avg Days on Market
Properties in Turlock sit on market for 89 days on average. Higher DOM can indicate negotiation leverage for buyers. Source: Vihara Analytics · Oct 2026
89 daysTurlock market
Comp Avg $/Sq Ft
Average price per sq ft from 1 comparable sales within 0.5 mi. Used to validate the purchase price and estimated value. Source: Vihara Analytics · Oct 2026
$2271 nearby sales
Rent-to-Price Ratio
$2,953 monthly rent ÷ $422,100 purchase price. Turlock market avg is ~0.5–0.7%. Above 0.7% is considered strong for this market. Source: Vihara Analytics · Oct 2026
0.70%Monthly rent ÷ purchase price
⚠️ Market factors are estimates based on available data and public records. They inform but do not replace professional investment advice.
$35,436
Projected Annual Revenue
Monthly rent of $2,953 with 0% vacancy rate accounts for the net annual revenue projection.
Monthly Rent$2,953
Annual Revenue (Gross)$35,436
Vacancy Rate0%
Annual Revenue (Net)$35,436
Source: Vihara Analytics · 2026
Investment Metrics
Cap Rate
Annual Rent ÷ Purchase Price × 100
+7.66%
Cash on Cash Return
Monthly Rent ÷ Purchase Price × 100
+30.64%
Purchase Price
Current bid or starting bid from auction listing
$422,100
1
Comparable Sales
1 comparable properties found in this area.
Address
Beds
Baths
Sq Ft
Sale Price
Price/Sq Ft
Sale Date
2041 Nikki Ann Way, Turlock, CA 95380
4
2
2,310
$525,000
$227
Sep 25, 2025
Source: Vihara Analytics · 2026
Property Tax Assessment
Annual property tax information for 2026. This data is sourced from county tax assessor records.
Annual Property Tax
2026
$3,103
Monthly Estimate$259
Assessed Value
2026
$300,188
Effective Tax Rate1.03%
Important: Property tax information is sourced from county tax assessor records and public property databases. Actual tax amounts may vary based on exemptions, special assessments, and other local factors. Please verify with your county tax assessor for the most current information.