1214 23rd StSacramentoCA95816
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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
Investment property for sale in Sacramento at 1214 23rd St, Sacramento, CA, 95816 with 5% annual appreciation on a $795,000 basis while $1,691/mo rent supports operations. 26% in year one. Equity gained on principal adds $5,130/yr, and five-year appreciation sums $219,644 alongside rental yield of 2.55%. Five-year ROI measures 24.23% and total cumulative return in cash totals $63,382. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,691/mo property income versus a $3,891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1905
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95816, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,012 (100%) |
| Owner Occupied HU | 2,978 (27.0%) |
| Renter Occupied HU | 7,302 (66.3%) |
| Vacant Housing Units | 732 ( 6.6%) |
| Median Home Value | $836,109 |
| Average Home Value | $893,555 |
Housing Distribution
Address Breakdown
Residential
10,605
Single Family
5,653
Multi-Family
4,952
Businesses
1,566
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Listed by: Amy Pickart • Amy M. Pickart, Broker
Mls Name: MetroList Services of CA
Mls ID: #225111557