3309 1st AveSacramentoCA95817
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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 Sacramento at 3309 1st Ave, Sacramento, CA, 95817 priced at $1,299,999 pairs $2,185/mo rent with after a $6,363/mo payment. Total monthly income equals $2,185/mo. Return on cash invested is 3.68% in year one, and rental yield stands at 2.02% on a $1,299,999 basis. Equity gained on principal adds $8,389/yr, and 5% annual appreciation accumulates to $359,166 by year five. Five-year ROI measures 15.72% and total cumulative return in cash reaches $66,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,185/mo property income against a $6,363/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95817, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,897 (100%) |
| Owner Occupied HU | 2,514 (36.5%) |
| Renter Occupied HU | 3,911 (56.7%) |
| Vacant Housing Units | 472 ( 6.8%) |
| Median Home Value | $591,781 |
| Average Home Value | $611,518 |
Housing Distribution
Address Breakdown
Residential
6,522
Single Family
5,132
Multi-Family
1,390
Businesses
406
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Listed by: Luis Mejia • Marcus & Millichap Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224113289
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.