3502 24th StSacramentoCA95818
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Sacramento rental at 3502 24th St, Sacramento, CA, 95818 sits in the solid-income band: 9.86% gross yield, $6,650/mo rent, $1,332/mo net after the $3,638/mo debt service, DSCR 1.83. Entry price of $809,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $223,512 and $7,451/yr in principal reduction bring total cumulative return to $393,826.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 4.8% |
| Monthly Cash Flow | $1,332 | $285 |
City averages based on Sacramento market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,650 |
| Total Monthly Debt Service | $4,997 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices