1625 Gary WayCarmichaelCA95608
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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 Carmichael at 1625 Gary Way, Carmichael, CA, 95608 priced at $1,695,000 converts $5,118/mo rent into after a $8,296/mo obligation. Total monthly income equals $5,118/mo. Return on cash invested prints 8.64% in year one, and rental yield reads 3.62% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 42.32% and total cumulative return in cash sums $232,401. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,118/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95608, Carmichael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,709 (100%) |
| Owner Occupied HU | 14,281 (53.5%) |
| Renter Occupied HU | 11,321 (42.4%) |
| Vacant Housing Units | 1,107 ( 4.1%) |
| Median Home Value | $647,950 |
| Average Home Value | $694,684 |
Housing Distribution
Address Breakdown
Residential
26,225
Single Family
20,955
Multi-Family
5,270
Businesses
1,174
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Listed by: Lee Mahla • Coldwell Banker Realty
Mls Name: MetroList Services of CA
Mls ID: #225059508