3840 San Novado WayNorth HighlandsCA95660
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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 North Highlands at 3840 San Novado Way, North Highlands, CA, 95660 generates $2,687/mo in rent and, after a $1,419/mo payment, leaves $893/mo in cash flow. Total monthly income is $2,687/mo, and annual cash flow is $10,721/yr on $96,135 invested. Return on cash invested sits at 31.06% in year one, and rental yield is 11.12% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 162.65% and total cumulative return in cash sums $156,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,687/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95660, North Highlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,007 (100%) |
| Owner Occupied HU | 6,050 (55.0%) |
| Renter Occupied HU | 4,542 (41.3%) |
| Vacant Housing Units | 415 ( 3.8%) |
| Median Home Value | $371,616 |
| Average Home Value | $455,805 |
Housing Distribution
Address Breakdown
Residential
10,870
Single Family
9,709
Multi-Family
1,161
Businesses
1,064
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Listed by: Austin Maynard • eXp Realty of Northern California, Inc.
Mls Name: MetroList Services of CA
Mls ID: #225127417