87 N Olmstead DrSacramentoCA95838
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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 Sacramento at 87 N Olmstead Dr, Sacramento, CA, 95838 generates $3,120/mo in rent, after a $2,814/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 17.29% in year one, and rental yield is 6.51% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 88.77% and total cumulative return in cash sums $167,927. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Multi Family
Built in 1962
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95838, Sacramento, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,135 (100%) |
| Owner Occupied HU | 6,607 (54.4%) |
| Renter Occupied HU | 5,069 (41.8%) |
| Vacant Housing Units | 459 ( 3.8%) |
| Median Home Value | $414,530 |
| Average Home Value | $449,445 |
Housing Distribution
Address Breakdown
Residential
11,902
Single Family
11,102
Multi-Family
800
Businesses
703
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Listed by: Tasha Dixon • REMAX Dream Homes
Mls Name: MetroList Services of CA
Mls ID: #226006102