604 Pringle Ave SPACE 87GaltCA95632
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 Galt at 604 Pringle Ave SPACE 87, Galt, CA, 95632 offers a 8.11% rental yield on a $235,000 purchase with $1,588/mo rent. Total monthly income registers $1,588/mo, and a $1,150/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,613/yr on $77,903 to close, and return on cash invested stands at 21.98% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 113.98% and total cumulative return in cash at $88,792. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,588/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kitty Lynn Padilla • RE/MAX Grupe Gold
Mls Name: MetroList Services of CA
Mls ID: #225109610