1637 Eldridge AveSacramentoCA95815
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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 Sacramento at 1637 Eldridge Ave, Sacramento, CA, 95815 generates $2,318/mo in rent and, after a $1,713/mo payment, leaves $153/mo in cash flow. Total monthly income is $2,318/mo, and annual cash flow is $1,835/yr on $116,025 invested. Return on cash invested sits at 21.49% in year one, and rental yield is 7.95% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 111.31% and total cumulative return in cash sums $129,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,318/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95815, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,650 (100%) |
| Owner Occupied HU | 3,553 (33.4%) |
| Renter Occupied HU | 6,447 (60.5%) |
| Vacant Housing Units | 650 ( 6.1%) |
| Median Home Value | $362,956 |
| Average Home Value | $442,454 |
Housing Distribution
Address Breakdown
Residential
9,669
Single Family
7,774
Multi-Family
1,895
Businesses
1,611
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Listed by: Abdul Latona • LIG Realty Inc
Mls Name: MetroList Services of CA
Mls ID: #226000218