YES
On $3,125,000/yr, the typical $461,114 home in Modesto, CA needs $144,367/yr ($3,369/mo). Your gap: +$2,980,633 — housing would be 1.3% of your gross income.
The math
461,114 price − 10% down (46,111) = 415,003 loan
30-yr fixed at 7.18% on 415,003 = 2,811/mo principal+interest
+ 557/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
3,369/mo PITI ÷ 0.28 = 12,031/mo → 144,367/yr required
against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).
What salary WOULD clear Modesto, CA?
You need about $144,367/yr for the typical home. On $3,125,000 you already clear it by $2,980,633.