2240 Chase DrRancho CordovaCA95670
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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
Rental property for sale in Rancho Cordova at 2240 Chase Dr, Rancho Cordova, CA, 95670 priced at $435,000 converts $2,774/mo rent into $83/mo cash flow after a $2,129/mo obligation. Total monthly income equals $2,774/mo, and annual cash flow totals $997/yr on $144,203 invested. Return on cash invested prints 20.6% in year one, and rental yield reads 7.65% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 106.58% and total cumulative return in cash sums $153,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 1959
7,139 sqft 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
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Listed by: Stephan Karapetyan • Keller Williams Realty Folsom
Mls Name: MetroList Services of CA
Mls ID: #226006915