7515 Sheldon Rd UNIT 30101Elk GroveCA95758
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7515 Sheldon Rd UNIT 30101, Elk Grove, CA, 95758 in Elk Grove speaks for itself: 11.55% gross on a $455,000 price, generating $4,379/mo in rent and $1,189/mo in net income after the $2,046/mo debt service. DSCR 2.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,269 stacks alongside $125,708 in projected five-year appreciation and $4,191/yr in principal reduction. Projected total cumulative return: $250,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.5% |
| Monthly Cash Flow | $1,189 | $300 |
City averages based on Elk Grove market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,379 |
| Total Monthly Debt Service | $3,009 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95758, Elk Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,386 (100%) |
| Owner Occupied HU | 14,846 (66.3%) |
| Renter Occupied HU | 7,052 (31.5%) |
| Vacant Housing Units | 488 ( 2.2%) |
| Median Home Value | $593,388 |
| Average Home Value | $619,468 |
Housing Distribution
Address Breakdown
Residential
22,421
Single Family
19,895
Multi-Family
2,526
Businesses
1,435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2007
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95758, Elk Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,386 (100%) |
| Owner Occupied HU | 14,846 (66.3%) |
| Renter Occupied HU | 7,052 (31.5%) |
| Vacant Housing Units | 488 ( 2.2%) |
| Median Home Value | $593,388 |
| Average Home Value | $619,468 |
Housing Distribution
Address Breakdown
Residential
22,421
Single Family
19,895
Multi-Family
2,526
Businesses
1,435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices