12400 Fair Oaks Blvd APT 324Fair OaksCA95628
INVESTMENT ANALYSIS
Investment Verdict
Solid Income12400 Fair Oaks Blvd APT 324, Fair Oaks, CA, 95628 in Fair Oaks carries a 1.52 coverage ratio, rent of $2,395/mo is 1.52 times the $1,574/mo payment. Rental yield 8.21%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $349,988 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $96,695; total projected cumulative return: $121,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $(195) | $300 |
City averages based on Fair Oaks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,395 |
| Total Monthly Debt Service | $2,451 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95628, Fair Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,888 (100%) |
| Owner Occupied HU | 12,019 (67.2%) |
| Renter Occupied HU | 5,234 (29.3%) |
| Vacant Housing Units | 635 ( 3.5%) |
| Median Home Value | $679,211 |
| Average Home Value | $717,794 |
Housing Distribution
Address Breakdown
Residential
17,846
Single Family
16,524
Multi-Family
1,322
Businesses
1,383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2007
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95628, Fair Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,888 (100%) |
| Owner Occupied HU | 12,019 (67.2%) |
| Renter Occupied HU | 5,234 (29.3%) |
| Vacant Housing Units | 635 ( 3.5%) |
| Median Home Value | $679,211 |
| Average Home Value | $717,794 |
Housing Distribution
Address Breakdown
Residential
17,846
Single Family
16,524
Multi-Family
1,322
Businesses
1,383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices