6116 Mame CtCitrus HeightsCA95621
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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 Citrus Heights at 6116 Mame Ct, Citrus Heights, CA, 95621 uses $62,654 cash to close to unlock $3,922/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $1,496/mo, and a $925/mo payment keeps the spread at $327/mo. Purchase price stands at $189,000, and rental yield measures 9.5% with $1,496/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 136.42% and total cumulative return in cash records $85,474. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,496/mo property income covering a $925/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95621, Citrus Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,605 (100%) |
| Owner Occupied HU | 10,893 (61.9%) |
| Renter Occupied HU | 6,017 (34.2%) |
| Vacant Housing Units | 695 ( 3.9%) |
| Median Home Value | $452,182 |
| Average Home Value | $504,245 |
Housing Distribution
Address Breakdown
Residential
17,293
Single Family
15,473
Multi-Family
1,820
Businesses
408
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Listed by: Michelle Nosal • Windermere Signature Properties Fair Oaks
Mls Name: MetroList Services of CA
Mls ID: #226001619