230 Northlake DrFolsomCA95630
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 Folsom at 230 Northlake Dr, Folsom, CA, 95630 listed at $299,500 pairs $3,028/mo rent with a $1,466/mo payment to leave $1,175/mo cash flow. Total monthly income runs $3,028/mo, and annual cash flow reaches $14,102/yr on $99,284 cash to close. Return on cash invested measures 34.11% in year one, and rental yield registers 12.13% at a $299,500 basis. Equity gained on principal adds $1,933/yr, and annual property appreciation at 5% supports $82,746 by year five. Five-year ROI tracks 179.05% and total cumulative return in cash totals $177,767. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,028/mo property income relative to a $1,466/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95630, Folsom, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,418 (100%) |
| Owner Occupied HU | 22,461 (65.3%) |
| Renter Occupied HU | 9,898 (28.8%) |
| Vacant Housing Units | 2,059 ( 6.0%) |
| Median Home Value | $732,244 |
| Average Home Value | $749,661 |
Housing Distribution
Address Breakdown
Residential
32,491
Single Family
26,905
Multi-Family
5,586
Businesses
2,075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Pena • RE/MAX Gold Folsom
Mls Name: MetroList Services of CA
Mls ID: #225131001