4291 Patterson Dr APT 6Diamond SpringsCA95619
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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
Investment property for sale in Diamond Springs at 4291 Patterson Dr APT 6, Diamond Springs, CA, 95619 uses $91,163 cash to close to unlock $4,377/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $2,066/mo, and a $1,346/mo payment keeps the spread at $365/mo. Purchase price stands at $275,000, and rental yield measures 9.02% with $2,066/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 128.59% and total cumulative return in cash records $117,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,066/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1983
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95619, Diamond Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,734 (100%) |
| Owner Occupied HU | 1,247 (71.9%) |
| Renter Occupied HU | 398 (23.0%) |
| Vacant Housing Units | 89 ( 5.1%) |
| Median Home Value | $473,598 |
| Average Home Value | $528,310 |
Housing Distribution
Address Breakdown
Residential
1,814
Single Family
1,674
Multi-Family
140
Businesses
373
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Listed by: Mark Haynes • Compass
Mls Name: MetroList Services of CA
Mls ID: #226005897