1978 Benita Dr UNIT 3Rancho CordovaCA95670
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 Rancho Cordova at 1978 Benita Dr UNIT 3, Rancho Cordova, CA, 95670 offers a 9.68% rental yield on a $329,400 purchase with $2,658/mo rent. Total monthly income registers $2,658/mo, and a $1,612/mo payment leaves $621/mo available for distribution. Annual cash flow reaches $7,446/yr on $109,196 to close, and return on cash invested stands at 26.73% in year one. Equity gained on principal adds $2,126/yr while 5% annual appreciation supports $91,007 over five years. Portfolio math shows five-year ROI at 139.41% and total cumulative return in cash at $152,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,658/mo property income against a $1,612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95670, Rancho Cordova, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 12,237 (53.0%) |
| Renter Occupied HU | 10,129 (43.9%) |
| Vacant Housing Units | 733 ( 3.2%) |
| Median Home Value | $529,719 |
| Average Home Value | $562,530 |
Housing Distribution
Address Breakdown
Residential
22,484
Single Family
18,510
Multi-Family
3,974
Businesses
1,456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #225136304