8450 Locust RdElvertaCA95626
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
Investment Highlights
Investment property for sale in Elverta at 8450 Locust Rd, Elverta, CA, 95626 offers a 3.14% rental yield on a $1,700,000 purchase with $4,454/mo rent. 16% in year one. Equity gained on principal adds $10,970/yr while 5% annual appreciation supports $469,679 over five years. Portfolio math shows five-year ROI at 34.38% and total cumulative return in cash at $189,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,454/mo property income against a $8,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95626, Elverta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,691 (80.9%) |
| Renter Occupied HU | 333 (15.9%) |
| Vacant Housing Units | 65 ( 3.1%) |
| Median Home Value | $655,811 |
| Average Home Value | $692,944 |
Housing Distribution
Address Breakdown
Residential
1,902
Single Family
1,902
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Barkve • Gateway Properties
Mls Name: MetroList Services of CA
Mls ID: #225100437