6940 Gillingham WayNorth HighlandsCA95660
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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 North Highlands at 6940 Gillingham Way, North Highlands, CA, 95660 listed at $311,600 pairs $2,584/mo rent with a $1,525/mo payment to leave $657/mo cash flow. Total monthly income runs $2,584/mo, and annual cash flow reaches $7,878/yr on $103,295 cash to close. Return on cash invested measures 27.54% in year one, and rental yield registers 9.95% at a $311,600 basis. Equity gained on principal adds $2,011/yr, and annual property appreciation at 5% supports $86,089 by year five. Five-year ROI tracks 143.74% and total cumulative return in cash totals $148,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,584/mo property income relative to a $1,525/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95660, North Highlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,007 (100%) |
| Owner Occupied HU | 6,050 (55.0%) |
| Renter Occupied HU | 4,542 (41.3%) |
| Vacant Housing Units | 415 ( 3.8%) |
| Median Home Value | $371,616 |
| Average Home Value | $455,805 |
Housing Distribution
Address Breakdown
Residential
10,870
Single Family
9,709
Multi-Family
1,161
Businesses
1,064
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Listed by: Bryan Palomares • Skyhill Properties
Mls Name: CRMLS
Mls ID: #SR25264365