6323 Slippery Creek LnCitrus 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
Rental property for sale in Citrus Heights at 6323 Slippery Creek Ln, Citrus Heights, CA, 95621 priced at $309,900 converts $2,632/mo rent into $188/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,632/mo, and annual cash flow totals $2,256/yr on $102,732 invested. Return on cash invested prints 22.11% in year one, and rental yield reads 10.19% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 116.88% and total cumulative return in cash sums $120,072. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,632/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Condo
Built in 1989
1,111 sqft lot
$N/A/sqft
$490 monthly 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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Nearby investment properties with comparable prices
Listed by: Matt Sundermier • Blue Waters Mtg & RE Group
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225039087
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