23755 Ironwood CtAuburnCA95602
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 23755 Ironwood Ct, Auburn, CA, 95602 in Auburn fits: $1,699,000, 3.01% gross yield, and a projected 5% annual appreciation rate adding $469,402 in value within five years. Rental yield 3.01%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.56) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $15,648/yr in principal paydown and $469,402 in appreciation project a total return of $221,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 5.2% |
| Monthly Cash Flow | $(6,584) | $300 |
City averages based on Auburn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,255 |
| Total Monthly Debt Service | $10,164 |
| DSCR Ratio | 0.42x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
0.37 Acres lot
$N/A/sqft
$230 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95602, Auburn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,160 (100%) |
| Owner Occupied HU | 5,658 (69.3%) |
| Renter Occupied HU | 1,829 (22.4%) |
| Vacant Housing Units | 673 ( 8.2%) |
| Median Home Value | $768,214 |
| Average Home Value | $838,605 |
Housing Distribution
Address Breakdown
Residential
7,475
Single Family
6,493
Multi-Family
982
Businesses
373
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
Single Family
Built in 2023
0.37 Acres lot
$N/A/sqft
$230 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95602, Auburn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,160 (100%) |
| Owner Occupied HU | 5,658 (69.3%) |
| Renter Occupied HU | 1,829 (22.4%) |
| Vacant Housing Units | 673 ( 8.2%) |
| Median Home Value | $768,214 |
| Average Home Value | $838,605 |
Housing Distribution
Address Breakdown
Residential
7,475
Single Family
6,493
Multi-Family
982
Businesses
373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tatyana Galushkin • Eastok Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224132660
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.