111 Pierpoint CirFolsomCA95630
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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 Folsom at 111 Pierpoint Cir, Folsom, CA, 95630 offers $2,681/mo rent that, after a $1,811/mo payment, leaves $22/mo cash flow. Total monthly income is $2,681/mo, and annual cash flow is $265/yr on $122,655 cash. Return on cash invested measures 20.13% in year one, and rental yield stands at 8.7% at a $370,000 entry. Equity gained on principal adds $2,388/yr while 5% annual appreciation compounds into $102,224 by year five. Five-year ROI records 105.34% and total cumulative return in cash reaches $129,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,681/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1990
1,406 sqft lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95630, Folsom, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,418 (100%) |
| Owner Occupied HU | 22,461 (65.3%) |
| Renter Occupied HU | 9,898 (28.8%) |
| Vacant Housing Units | 2,059 ( 6.0%) |
| Median Home Value | $732,244 |
| Average Home Value | $749,661 |
Housing Distribution
Address Breakdown
Residential
32,491
Single Family
26,905
Multi-Family
5,586
Businesses
2,075
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Listed by: Kendra Bishop • Coldwell Banker Realty
Mls Name: MetroList Services of CA
Mls ID: #225089099