1661 Spring St #231DavisCA95616
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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 Davis at 1661 Spring St #231, Davis, CA, 95616 earns from $3,254/mo rent with a $2,932/mo payment. Total monthly income totals $3,254/mo. ROI tracks 10.76% on current figures, and rental yield reads 6.52% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 56.12% and total cumulative return in cash sums $110,602. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,254/mo property income instead of your personal income.
Condo
Built in 2021
1,337 sqft lot
$N/A/sqft
$699 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95616, Davis, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,503 (100%) |
| Owner Occupied HU | 6,558 (33.6%) |
| Renter Occupied HU | 11,585 (59.4%) |
| Vacant Housing Units | 1,360 ( 7.0%) |
| Median Home Value | $848,099 |
| Average Home Value | $889,395 |
Housing Distribution
Address Breakdown
Residential
17,724
Single Family
11,603
Multi-Family
6,121
Businesses
1,221
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Listed by: David Lee • Windermere Signature Fair Oaks
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224118846
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.