1024 P St UNIT 1SacramentoCA95814
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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
Rental property for sale in Sacramento at 1024 P St UNIT 1, Sacramento, CA, 95814 generates $2,518/mo in rent, after a $1,835/mo payment. Total monthly income is $2,518/mo. Return on cash invested sits at 17.65% in year one, and rental yield is 8.06% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 92.22% and total cumulative return in cash sums $114,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,518/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$433 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95814, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,105 (100%) |
| Owner Occupied HU | 777 ( 8.5%) |
| Renter Occupied HU | 7,086 (77.8%) |
| Vacant Housing Units | 1,242 (13.6%) |
| Median Home Value | $706,923 |
| Average Home Value | $744,572 |
Housing Distribution
Address Breakdown
Residential
6,656
Single Family
1,542
Multi-Family
5,114
Businesses
2,016
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Listed by: Mark Morris • Redfin Corporation
Mls Name: MetroList Services of CA
Mls ID: #225054035