6041 Illinois AveOrangevaleCA95662
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.34% gross rental yield, 6041 Illinois Ave, Orangevale, CA, 95662 in Orangevale is priced for capital growth, not immediate cash flow. The $1,499,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $414,146 by year five, with $13,806/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.62) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $239,236.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 6.0% |
| Monthly Cash Flow | $(5,116) | $1,500 |
City averages based on Orangevale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,172 |
| Total Monthly Debt Service | $8,692 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
3.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95662, Orangevale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,595 (100%) |
| Owner Occupied HU | 9,021 (71.6%) |
| Renter Occupied HU | 3,158 (25.1%) |
| Vacant Housing Units | 416 ( 3.3%) |
| Median Home Value | $612,637 |
| Average Home Value | $648,502 |
Housing Distribution
Address Breakdown
Residential
12,552
Single Family
11,926
Multi-Family
626
Businesses
841
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
Single Family
Built in 1946
3.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95662, Orangevale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,595 (100%) |
| Owner Occupied HU | 9,021 (71.6%) |
| Renter Occupied HU | 3,158 (25.1%) |
| Vacant Housing Units | 416 ( 3.3%) |
| Median Home Value | $612,637 |
| Average Home Value | $648,502 |
Housing Distribution
Address Breakdown
Residential
12,552
Single Family
11,926
Multi-Family
626
Businesses
841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices