6521 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 6521 24th St, Rio Linda, CA, 95673 uses $112,710 cash to close to unlock $8,110/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $2,779/mo, and a $1,664/mo payment keeps the spread at $676/mo. Purchase price stands at $340,000, and rental yield measures 9.81% with $2,779/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 141.42% and total cumulative return in cash records $159,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,779/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.39 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: Gary DiGrazia • eXp Realty of California Inc.
Mls Name: MetroList Services of CA
Mls ID: #225060910