232 Foresthill Ave APT BAuburnCA95603
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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 Auburn at 232 Foresthill Ave APT B, Auburn, CA, 95603 generates $2,896/mo in rent and, after a $1,953/mo payment, leaves $428/mo in cash flow. Total monthly income is $2,896/mo, and annual cash flow is $5,131/yr on $132,269 invested. Return on cash invested sits at 23.79% in year one, and rental yield is 8.71% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 123.64% and total cumulative return in cash sums $163,538. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,896/mo property income rather than buyer’s personal income.
Townhouse
Built in 1978
1,372 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95603, Auburn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,477 (100%) |
| Owner Occupied HU | 7,791 (62.4%) |
| Renter Occupied HU | 3,992 (32.0%) |
| Vacant Housing Units | 694 ( 5.6%) |
| Median Home Value | $704,391 |
| Average Home Value | $731,133 |
Housing Distribution
Address Breakdown
Residential
12,000
Single Family
10,650
Multi-Family
1,350
Businesses
1,570
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Listed by: Carolyn Metzker • Windermere Signature Properties Auburn
Mls Name: MetroList Services of CA
Mls ID: #226007089