7043 Rancho Mirage CtCitrus 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 7043 Rancho Mirage Ct, Citrus Heights, CA, 95621 generates $2,419/mo in rent, after a $1,811/mo payment. Total monthly income is $2,419/mo. Return on cash invested sits at 13.41% in year one, and rental yield is 7.85% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 70.86% and total cumulative return in cash sums $86,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,419/mo property income rather than buyer’s personal income.
Condo
Built in 1985
2,178 sqft lot
$N/A/sqft
$637 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: Howard Porter • RE/MAX Gold Sierra Oaks
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225066393
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