700 2nd St SPACE 59GaltCA95632
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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 Galt at 700 2nd St SPACE 59, Galt, CA, 95632 uses $65,969 cash to close to unlock $3,875/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $1,554/mo, and a $974/mo payment keeps the spread at $323/mo. Purchase price stands at $199,000, and rental yield measures 9.37% with $1,554/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 134.33% and total cumulative return in cash records $88,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,554/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95632, Galt, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,623 (100%) |
| Owner Occupied HU | 7,874 (74.1%) |
| Renter Occupied HU | 2,455 (23.1%) |
| Vacant Housing Units | 294 ( 2.8%) |
| Median Home Value | $573,267 |
| Average Home Value | $591,013 |
Housing Distribution
Address Breakdown
Residential
10,492
Single Family
10,126
Multi-Family
366
Businesses
620
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Listed by: Carmen Bailey • Mike Guttridge Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225005431
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.