2905 Garfield AveCarmichaelCA95608
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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 Carmichael at 2905 Garfield Ave, Carmichael, CA, 95608 earns from $3,044/mo rent with a $3,084/mo payment. Total monthly income totals $3,044/mo. ROI tracks 15.12% on current figures, and rental yield reads 5.8% at a $629,999 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 over five years. Five-year ROI reaches 77.13% and total cumulative return in cash sums $159,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,044/mo property income instead of your personal income.
Single Family
Built in 1935
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95608, Carmichael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,709 (100%) |
| Owner Occupied HU | 14,281 (53.5%) |
| Renter Occupied HU | 11,321 (42.4%) |
| Vacant Housing Units | 1,107 ( 4.1%) |
| Median Home Value | $647,950 |
| Average Home Value | $694,684 |
Housing Distribution
Address Breakdown
Residential
26,225
Single Family
20,955
Multi-Family
5,270
Businesses
1,174
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Listed by: Tam Luu • Alliance Bay Realty
Mls Name: MLSListings Inc
Mls ID: #ML82022953