3067 Banano WayRancho CordovaCA95742
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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 Rancho Cordova at 3067 Banano Way, Rancho Cordova, CA, 95742 priced at $627,950 converts $3,463/mo rent into after a $3,074/mo obligation. Total monthly income equals $3,463/mo. Return on cash invested prints 17.46% in year one, and rental yield reads 6.62% against a $627,950 entry. Equity gained on principal adds $4,052/yr, while 5% annual appreciation compiles into $173,491 by year five. Five-year ROI reaches 89.74% and total cumulative return in cash sums $185,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,463/mo property income covering a $3,074/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95742, Rancho Cordova, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,822 (100%) |
| Owner Occupied HU | 6,090 (77.9%) |
| Renter Occupied HU | 909 (11.6%) |
| Vacant Housing Units | 823 (10.5%) |
| Median Home Value | $627,763 |
| Average Home Value | $660,425 |
Housing Distribution
Address Breakdown
Residential
6,250
Single Family
5,950
Multi-Family
300
Businesses
1,327
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Listed by: Monique Eutsey • Elliott Homes
Mls Name: Elliott Homes
Mls Provider:
Mls ID: #N/A