10351 Evangaline Way,Elk Grove,CA,95757

Investment Highlights

Investment property for sale in Elk Grove at 10351 Evangaline Way, Elk Grove, CA, 95757 listed at $609,000 pairs $4,381/mo rent with a $2,981/mo payment to leave $613/mo cash flow. Total monthly income runs $4,381/mo, and annual cash flow reaches $7,360/yr on $200,361 cash to close. Return on cash invested measures 23.73% in year one, and rental yield registers 8.63% at a $609,000 basis. Equity gained on principal adds $3,930/yr, and annual property appreciation at 5% supports $168,255 by year five. Five-year ROI tracks 123.32% and total cumulative return in cash totals $247,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,381/mo property income relative to a $2,981/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).