216 23rd StSacramentoCA95816
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 Sacramento at 216 23rd St, Sacramento, CA, 95816 offers a 6.29% rental yield on a $697,900 purchase with $3,656/mo rent. 34% in year one. Equity gained on principal adds $4,503/yr while 5% annual appreciation supports $192,817 over five years. Portfolio math shows five-year ROI at 78.78% and total cumulative return in cash at $180,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,656/mo property income against a $3,416/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95816, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,012 (100%) |
| Owner Occupied HU | 2,978 (27.0%) |
| Renter Occupied HU | 7,302 (66.3%) |
| Vacant Housing Units | 732 ( 6.6%) |
| Median Home Value | $836,109 |
| Average Home Value | $893,555 |
Housing Distribution
Address Breakdown
Residential
10,605
Single Family
5,653
Multi-Family
4,952
Businesses
1,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A