6924 Grand Tree LnCitrus HeightsCA95621
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6924 Grand Tree Ln, Citrus Heights, CA, 95621 listed at $229,000 pairs $1,626/mo rent with a $1,121/mo payment to leave $209/mo cash flow. Total monthly income runs $1,626/mo, and annual cash flow reaches $2,510/yr on $75,914 cash to close. Return on cash invested measures 23.22% in year one, and rental yield registers 8.52% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 120.63% and total cumulative return in cash totals $91,577. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,626/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Char Henderson • Windermere Signature Properties Fair Oaks
Mls Name: MetroList Services of CA
Mls ID: #225124828