2296 Grove AveSacramentoCA95815
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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 Sacramento at 2296 Grove Ave, Sacramento, CA, 95815 earns $26/mo cash flow from $1,517/mo rent with a $1,087/mo payment. Total monthly income totals $1,517/mo, and annual cash flow totals $312/yr on $73,593 capital. ROI tracks 20.33% on current figures, and rental yield reads 8.2% at a $222,000 purchase. Equity gained on principal adds $1,433/yr, and 5% annual appreciation supports $61,335 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash sums $77,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,517/mo property income instead of your personal income.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95815, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,650 (100%) |
| Owner Occupied HU | 3,553 (33.4%) |
| Renter Occupied HU | 6,447 (60.5%) |
| Vacant Housing Units | 650 ( 6.1%) |
| Median Home Value | $362,956 |
| Average Home Value | $442,454 |
Housing Distribution
Address Breakdown
Residential
9,669
Single Family
7,774
Multi-Family
1,895
Businesses
1,611
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Listed by: Kevin Burgoon • SB Realty Group, Inc.
Mls Name: MetroList Services of CA
Mls ID: #225099141