| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 71st | Best |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2081 Sylvan Way, Lodi, CA, 95242, US |
| Region / Metro | Lodi |
| Year of Construction | 1987 |
| Units | 78 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2081 Sylvan Way Lodi Multifamily Investment
This 78-unit property benefits from strong neighborhood demographics with a median household income of $140k and 92.7% occupancy rates. Commercial real estate analysis shows the area ranks in the top quartile among 179 metro neighborhoods for income growth and educational attainment.
Located in Lodi's inner suburb environment, this neighborhood demonstrates solid fundamentals for multifamily investors. The area ranks 18th among 179 Stockton metro neighborhoods overall, with particularly strong demographics placing it in the 92nd national percentile for household income at $140k median. Educational quality supports long-term stability, with schools averaging 4.0 out of 5 stars and ranking 4th metro-wide.
Built in 1987, this property aligns with the neighborhood's average construction year of 1988, indicating consistent building stock that may present value-add renovation opportunities for investors focused on unit upgrades and amenity improvements. The area maintains a balanced housing mix with 39.3% of units renter-occupied, providing a stable rental demand base while avoiding oversaturation.
Demographic data within a 3-mile radius shows positive trends supporting rental demand. The population of 61,400 has grown 2.1% over five years, with household income rising 43.6% to a median of $83,400 regionally. Projections through 2028 indicate continued household formation with a 40.7% increase in total households expected, expanding the potential renter pool and supporting occupancy stability.
Neighborhood-level occupancy of 92.7% reflects strong tenant retention, though this has declined 5.1% over five years, warranting attention to renewal strategies. Contract rents average $1,940 with 35.8% growth over five years, indicating healthy rent growth potential. The rent-to-income ratio of 0.15 suggests affordability remains manageable for area residents, supporting lease retention and renewal rates.
Safety metrics show mixed trends that investors should monitor closely. The neighborhood ranks 64th among 179 metro neighborhoods for overall crime, placing it near the metro median with a 47th national percentile rating. Property crime rates of 795 incidents per 100k residents have improved significantly, declining 26.3% year-over-year, which ranks in the 70th national percentile for crime reduction.
Violent crime remains relatively low at 16.8 incidents per 100k residents, ranking 37th metro-wide and in the 62nd national percentile. However, violent crime increased 42.8% over the past year, placing the neighborhood in the 28th national percentile for this trend. Investors should factor these mixed safety dynamics into tenant screening and property management strategies while monitoring whether recent improvements in property crime continue.
The Lodi area benefits from proximity to major corporate employers within commuting distance, supporting workforce housing demand from professional tenants.
- Clorox — consumer products manufacturing (18.1 miles)
- DISH Network Distribution Center — telecommunications distribution (29.3 miles)
- International Paper — industrial manufacturing (34.1 miles)
- Cardinal Health — healthcare services (34.6 miles)
- Ross Stores — retail corporate offices (42.5 miles) — HQ
This 1987-vintage property presents a compelling value-add opportunity in a demographically strong Lodi neighborhood. According to CRE market data from WDSuite, the area's median household income of $140k ranks in the top 10% nationally, while projected household growth of 40.7% through 2028 supports expanding rental demand. The property's construction year aligns with neighborhood norms, creating potential for strategic renovations and rent optimization.
Current neighborhood occupancy of 92.7% demonstrates tenant demand stability, though recent softening requires active lease management. With contract rents averaging $1,940 and strong income growth trends, the fundamentals support measured rent growth strategies. The balanced 39.3% renter-occupied housing mix provides rental demand without market oversaturation.
- Strong demographics with $140k median household income ranking top 10% nationally
- 40.7% projected household growth through 2028 expanding renter pool
- Value-add potential with 1987 construction year aligned to neighborhood vintage
- Proximity to major corporate employers supporting workforce housing demand
- Risk consideration: Recent occupancy softening and mixed safety trends require active management