7121 Stella Ln UNIT 24CarmichaelCA95608
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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 Carmichael at 7121 Stella Ln UNIT 24, Carmichael, CA, 95608 uses $88,179 cash to close to unlock $10,733/yr annual cash flow and $894/mo monthly cash flow. Total monthly income runs $2,540/mo, and a $1,302/mo payment keeps the spread at $894/mo. Purchase price stands at $266,000, and rental yield measures 11.46% with $2,540/mo rent. Return on cash invested shows 32.08% in year one, and 5% annual appreciation builds toward $73,491 over five years. Five-year ROI reaches 168.14% and total cumulative return in cash records $148,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,540/mo property income covering a $1,302/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95608, Carmichael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,709 (100%) |
| Owner Occupied HU | 14,281 (53.5%) |
| Renter Occupied HU | 11,321 (42.4%) |
| Vacant Housing Units | 1,107 ( 4.1%) |
| Median Home Value | $647,950 |
| Average Home Value | $694,684 |
Housing Distribution
Address Breakdown
Residential
26,225
Single Family
20,955
Multi-Family
5,270
Businesses
1,174
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Listed by: Sheryl Smith • Smith Real Estate Services Inc
Mls Name: MetroList Services of CA
Mls ID: #225093769