3707 Wingate DrCarmichaelCA95608
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
Investment property for sale in Carmichael at 3707 Wingate Dr, Carmichael, CA, 95608 earns from $2,801/mo rent with a $2,511/mo payment. Total monthly income totals $2,801/mo. ROI tracks 16.34% on current figures, and rental yield reads 6.55% at a $513,000 purchase. Equity gained on principal adds $3,310/yr, and 5% annual appreciation supports $141,732 over five years. Five-year ROI reaches 84.1% and total cumulative return in cash sums $141,933. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,801/mo property income instead of your personal income.
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95608, Carmichael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,709 (100%) |
| Owner Occupied HU | 14,281 (53.5%) |
| Renter Occupied HU | 11,321 (42.4%) |
| Vacant Housing Units | 1,107 ( 4.1%) |
| Median Home Value | $647,950 |
| Average Home Value | $694,684 |
Housing Distribution
Address Breakdown
Residential
26,225
Single Family
20,955
Multi-Family
5,270
Businesses
1,174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah Duckworth • Better Homes and Gardens RE
Mls Name: MetroList Services of CA
Mls ID: #225120092