6521 Greenback Ln APT 3Citrus 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 6521 Greenback Ln APT 3, Citrus Heights, CA, 95621 generates $2,029/mo in rent and, after a $1,082/mo payment, leaves $275/mo in cash flow. Total monthly income is $2,029/mo, and annual cash flow is $3,298/yr on $73,262 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 11.02% on a $221,000 entry. Equity gained on principal adds $1,426/yr, while 5% annual appreciation builds toward $61,058 over five years. Five-year ROI reaches 129.29% and total cumulative return in cash sums $94,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,029/mo property income rather than buyer’s personal income.
Condo
Built in 1971
2,134 sqft lot
$N/A/sqft
$365 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: Danith Fontenot • Dan Fontenot Real Estate Services
Mls Name: MetroList Services of CA
Mls ID: #225021691