617 Wales DrFolsomCA95630
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 Folsom at 617 Wales Dr, Folsom, CA, 95630 with 5% annual appreciation on a $470,000 basis while $2,928/mo rent supports operations. Total monthly income totals $2,928/mo and a $2,300/mo payment preserves $21/mo for cash returns. Annual cash flow comes to $251/yr on $155,805 deployed, and return on cash invested reaches 20.07% in year one. Equity gained on principal adds $3,033/yr, and five-year appreciation sums $129,852 alongside rental yield of 7.48%. Five-year ROI measures 103.69% and total cumulative return in cash totals $161,553.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,928/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
7,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95630, Folsom, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,418 (100%) |
| Owner Occupied HU | 22,461 (65.3%) |
| Renter Occupied HU | 9,898 (28.8%) |
| Vacant Housing Units | 2,059 ( 6.0%) |
| Median Home Value | $732,244 |
| Average Home Value | $749,661 |
Housing Distribution
Address Breakdown
Residential
32,491
Single Family
26,905
Multi-Family
5,586
Businesses
2,075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Phillips • Phillips Real Estate
Mls Name: MetroList Services of CA
Mls ID: #226002695