3502 24th StSacramentoCA95818
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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 3502 24th St, Sacramento, CA, 95818 priced at $809,000 converts $6,650/mo rent into $1,331/mo cash flow after a $3,960/mo obligation. Total monthly income equals $6,650/mo, and annual cash flow totals $15,972/yr on $266,161 invested. Return on cash invested prints 26.06% in year one, and rental yield reads 9.86% against a $809,000 entry. Equity gained on principal adds $5,220/yr, while 5% annual appreciation compiles into $223,512 by year five. Five-year ROI reaches 136.33% and total cumulative return in cash sums $362,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,650/mo property income covering a $3,960/mo payment, not borrower’s personal income.
Single Family
Built in 2015
2,980 sqft lot
$N/A/sqft
$134 monthly 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
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Listed by: Larry Easterling • Cook Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224084166
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.