7629 N Ridge DrCitrus HeightsCA95610
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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 Citrus Heights at 7629 N Ridge Dr, Citrus Heights, CA, 95610 uses $149,175 cash to close to unlock $5,805/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $3,268/mo, and a $2,203/mo payment keeps the spread at $484/mo. Purchase price stands at $450,000, and rental yield measures 8.71% with $3,268/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 123.7% and total cumulative return in cash records $184,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,268/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95610, Citrus Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,765 (100%) |
| Owner Occupied HU | 9,405 (50.1%) |
| Renter Occupied HU | 8,579 (45.7%) |
| Vacant Housing Units | 781 ( 4.2%) |
| Median Home Value | $540,894 |
| Average Home Value | $571,136 |
Housing Distribution
Address Breakdown
Residential
18,601
Single Family
14,820
Multi-Family
3,781
Businesses
1,044
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Listed by: Luis R Sosa-Guasch • ERA Carlile Realty Group
Mls Name: MetroList Services of CA
Mls ID: #225148187