640 Lakeridge DrAuburnCA95603
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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 Auburn at 640 Lakeridge Dr, Auburn, CA, 95603 earns from $7,650/mo rent with a $9,422/mo payment. Total monthly income totals $7,650/mo. ROI tracks 12.18% on current figures, and rental yield reads 4.77% at a $1,925,000 purchase. Equity gained on principal adds $12,422/yr, and 5% annual appreciation supports $531,842 over five years. Five-year ROI reaches 61.28% and total cumulative return in cash sums $382,180. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,650/mo property income instead of your personal income.
Single Family
Built in 2012
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95603, Auburn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,477 (100%) |
| Owner Occupied HU | 7,791 (62.4%) |
| Renter Occupied HU | 3,992 (32.0%) |
| Vacant Housing Units | 694 ( 5.6%) |
| Median Home Value | $704,391 |
| Average Home Value | $731,133 |
Housing Distribution
Address Breakdown
Residential
12,000
Single Family
10,650
Multi-Family
1,350
Businesses
1,570
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Listed by: Debbie Olson • Redfin Corporation
Mls Name: MetroList Services of CA
Mls ID: #225058284