3417 Shakers Ridge Way #6Z1O2CFolsomCA95630
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
Investment Highlights
Rental property for sale in Folsom at 3417 Shakers Ridge Way #6Z1O2C, Folsom, CA, 95630 generates $4,108/mo in rent, after a $4,332/mo payment. Total monthly income is $4,108/mo. Return on cash invested sits at 12.57% in year one, and rental yield is 5.57% on a $885,000 entry. Equity gained on principal adds $5,711/yr, while 5% annual appreciation builds toward $244,509 over five years. Five-year ROI reaches 64.11% and total cumulative return in cash sums $186,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,108/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
5,329 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95630, Folsom, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,418 (100%) |
| Owner Occupied HU | 22,461 (65.3%) |
| Renter Occupied HU | 9,898 (28.8%) |
| Vacant Housing Units | 2,059 ( 6.0%) |
| Median Home Value | $732,244 |
| Average Home Value | $749,661 |
Housing Distribution
Address Breakdown
Residential
32,491
Single Family
26,905
Multi-Family
5,586
Businesses
2,075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Auwinger • TRI Pointe Homes, Inc.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224104911
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.