2409-2401 24th StSacramentoCA95818
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2409-2401 24th St, Sacramento, CA, 95818 in Sacramento the bet is firmly on appreciation. Rental yield 1.46%. The 1.46% gross yield on a $1,825,000 price is below income-first thresholds, but 5%/yr value growth projects $504,214 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.27) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $108,362.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.5% | 4.8% |
| Monthly Cash Flow | $(9,070) | $285 |
City averages based on Sacramento market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $10,564 |
| DSCR Ratio | 0.21x |
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.
Multi Family
Built in 1923
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95818, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,616 (46.0%) |
| Renter Occupied HU | 5,766 (47.2%) |
| Vacant Housing Units | 827 ( 6.8%) |
| Median Home Value | $816,354 |
| Average Home Value | $848,391 |
Housing Distribution
Address Breakdown
Residential
11,154
Single Family
9,297
Multi-Family
1,857
Businesses
791
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
Multi Family
Built in 1923
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95818, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,616 (46.0%) |
| Renter Occupied HU | 5,766 (47.2%) |
| Vacant Housing Units | 827 ( 6.8%) |
| Median Home Value | $816,354 |
| Average Home Value | $848,391 |
Housing Distribution
Address Breakdown
Residential
11,154
Single Family
9,297
Multi-Family
1,857
Businesses
791
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David DeLoney • Marcus & Millichap Real Estate
Mls Name: MetroList Services of CA
Mls ID: #226021018