7129 Canaveral 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
Rental property for sale in North Highlands at 7129 Canaveral Way, North Highlands, CA, 95660 priced at $399,900 pairs $2,830/mo rent with $356/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,830/mo, and annual cash flow comes to $4,278/yr on $132,567 invested. Return on cash invested is 23.14% in year one, and rental yield stands at 8.49% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 120.15% and total cumulative return in cash reaches $159,284. For financing, Ziffy Mortgage’s DSCR program evaluates $2,830/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
8,276 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: Priscilla Ly • Portfolio Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225029861
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