10550 Mills Tower DrRancho CordovaCA95670
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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 Rancho Cordova at 10550 Mills Tower Dr, Rancho Cordova, CA, 95670 generates $2,088/mo in rent, after a $2,839/mo payment. Total monthly income is $2,088/mo. Return on cash invested sits at 10.63% in year one, and rental yield is 4.32% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 53.02% and total cumulative return in cash sums $101,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,088/mo property income rather than buyer’s personal income.
Multi Family
Built in 1977
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95670, Rancho Cordova, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 12,237 (53.0%) |
| Renter Occupied HU | 10,129 (43.9%) |
| Vacant Housing Units | 733 ( 3.2%) |
| Median Home Value | $529,719 |
| Average Home Value | $562,530 |
Housing Distribution
Address Breakdown
Residential
22,484
Single Family
18,510
Multi-Family
3,974
Businesses
1,456
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Listed by: Mark Morris • Redfin Corporation
Mls Name: MetroList Services of CA
Mls ID: #225112384