6244 24th StRio LindaCA95673
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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 Rio Linda at 6244 24th St, Rio Linda, CA, 95673 offers a 7.13% rental yield on a $810,000 purchase with $4,812/mo rent. 67% in year one. Equity gained on principal adds $5,227/yr while 5% annual appreciation supports $223,788 over five years. Portfolio math shows five-year ROI at 96.32% and total cumulative return in cash at $256,695. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,812/mo property income against a $3,965/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
3.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95673, Rio Linda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,244 (100%) |
| Owner Occupied HU | 3,784 (72.2%) |
| Renter Occupied HU | 1,218 (23.2%) |
| Vacant Housing Units | 242 ( 4.6%) |
| Median Home Value | $591,699 |
| Average Home Value | $607,504 |
Housing Distribution
Address Breakdown
Residential
5,005
Single Family
4,968
Multi-Family
37
Businesses
271
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Listed by: Kathryn Oldenburg • HomeSmart ICARE Realty
Mls Name: MetroList Services of CA
Mls ID: #225071695