6413 Monteverde 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
Investment property for sale in Citrus Heights at 6413 Monteverde Ln, Citrus Heights, CA, 95621 uses $106,080 cash to close to unlock $3,206/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $3,032/mo, and a $1,566/mo payment keeps the spread at $267/mo. Purchase price stands at $320,000, and rental yield measures 11.37% with $3,032/mo rent. Return on cash invested shows 22.93% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 122.3% and total cumulative return in cash records $129,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,032/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1974
3,049 sqft lot
$N/A/sqft
$637 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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Listed by: David Pucilowski • eXp Realty of California Inc.
Mls Name: MetroList Services of CA
Mls ID: #225124561