604 Pringle Ave SPACE 121GaltCA95632
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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 Galt at 604 Pringle Ave SPACE 121, Galt, CA, 95632 uses $46,045 cash to close to unlock $2,275/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,049/mo, and a $680/mo payment keeps the spread at $190/mo. Purchase price stands at $138,900, and rental yield measures 9.06% with $1,049/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $38,376 over five years. Five-year ROI reaches 129.4% and total cumulative return in cash records $59,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,049/mo property income covering a $680/mo payment rather than investor’s personal income.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95632, Galt, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,623 (100%) |
| Owner Occupied HU | 7,874 (74.1%) |
| Renter Occupied HU | 2,455 (23.1%) |
| Vacant Housing Units | 294 ( 2.8%) |
| Median Home Value | $573,267 |
| Average Home Value | $591,013 |
Housing Distribution
Address Breakdown
Residential
10,492
Single Family
10,126
Multi-Family
366
Businesses
620
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Listed by: Karen Baumgartner • HOMWRX
Mls Name: MetroList Services of CA
Mls ID: #225135562