16832 Michael CourtEspartoCA95627
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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 Esparto at 16832 Michael Court, Esparto, CA, 95627 offers a 7.53% rental yield on a $450,000 purchase with $2,824/mo rent. Total monthly income registers $2,824/mo, and a $2,203/mo payment leaves $40/mo available for distribution. Annual cash flow reaches $477/yr on $149,175 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 104.55% and total cumulative return in cash at $155,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,824/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95627, Esparto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 848 (65.5%) |
| Renter Occupied HU | 379 (29.3%) |
| Vacant Housing Units | 67 ( 5.2%) |
| Median Home Value | $492,000 |
| Average Home Value | $836,223 |
Housing Distribution
Address Breakdown
Residential
1,047
Single Family
992
Multi-Family
55
Businesses
84
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Listed by: Renee M Neuman • Coldwell Banker Kappel Gateway
Mls Name: BAREIS
Mls ID: #225120931