1661 Spring St #411DavisCA95616
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
Investment Highlights
Investment property for sale in Davis at 1661 Spring St #411, Davis, CA, 95616 earns from $3,070/mo rent with a $2,570/mo payment. Total monthly income totals $3,070/mo. ROI tracks 18.82% on current figures, and rental yield reads 7.02% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 96.98% and total cumulative return in cash sums $167,505. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,070/mo property income instead of your personal income.
Condo
Built in 2022
1,380 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Manny Cazares • eXp Realty of California, Inc.
Mls Name: MetroList Services of CA
Mls ID: #226005144