6229 Longford Dr APT 3Citrus HeightsCA95621
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 Citrus Heights at 6229 Longford Dr APT 3, Citrus Heights, CA, 95621 uses $80,886 cash to close to unlock $4,930/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,194/mo payment keeps the spread at $411/mo. Purchase price stands at $244,000, and rental yield measures 9.44% with $1,920/mo rent. Return on cash invested shows 26% in year one, and 5% annual appreciation builds toward $67,413 over five years. Five-year ROI reaches 135.52% and total cumulative return in cash records $109,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,194/mo payment rather than investor’s personal income.
Condo
Built in 1971
1,842 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Ochoa • Better Homes and Gardens RE
Mls Name: MetroList Services of CA
Mls ID: #226011732