8440 Spruce Meadow LnGranite BayCA95746
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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 Granite Bay at 8440 Spruce Meadow Ln, Granite Bay, CA, 95746 generates $8,347/mo in rent, after a $7,489/mo payment. Total monthly income is $8,347/mo. Return on cash invested sits at 16.7% in year one, and rental yield is 6.55% on a $1,530,000 entry. Equity gained on principal adds $9,873/yr, while 5% annual appreciation builds toward $422,711 over five years. Five-year ROI reaches 85.86% and total cumulative return in cash sums $425,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,347/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.36 Acres lot
$N/A/sqft
$177 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95746, Granite Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,404 (100%) |
| Owner Occupied HU | 7,188 (85.5%) |
| Renter Occupied HU | 884 (10.5%) |
| Vacant Housing Units | 332 ( 4.0%) |
| Median Home Value | $1,008,308 |
| Average Home Value | $1,138,256 |
Housing Distribution
Address Breakdown
Residential
8,175
Single Family
8,096
Multi-Family
79
Businesses
771
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Listed by: Lena Nosenco • USKO Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224104152
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.