3617 W Island CtElk GroveCA95758
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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 Elk Grove at 3617 W Island Ct, Elk Grove, CA, 95758 generates $3,448/mo in rent, after a $3,670/mo payment. Total monthly income is $3,448/mo. Return on cash invested sits at 12.8% in year one, and rental yield is 5.52% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 65.2% and total cumulative return in cash sums $160,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,448/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
6,991 sqft lot
$N/A/sqft
$90 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95758, Elk Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,386 (100%) |
| Owner Occupied HU | 14,846 (66.3%) |
| Renter Occupied HU | 7,052 (31.5%) |
| Vacant Housing Units | 488 ( 2.2%) |
| Median Home Value | $593,388 |
| Average Home Value | $619,468 |
Housing Distribution
Address Breakdown
Residential
22,421
Single Family
19,895
Multi-Family
2,526
Businesses
1,435
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Listed by: Diana Sullivan • RE/MAX Gold Elk Grove
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225051899
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