8768 Morning Glory Way, Elk Grove, CA, 95624 | $1,263/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elk Grove at 8768 Morning Glory Way, Elk Grove, CA, 95624 priced at $655,000 pairs $5,315/mo rent with $1,263/mo cash flow after a $3,206/mo payment. Total monthly income equals $5,315/mo, and annual cash flow comes to $15,155/yr on $215,495 invested. Return on cash invested is 27.09% in year one, and rental yield stands at 9.74% on a $655,000 basis. Equity gained on principal adds $4,227/yr, and 5% annual appreciation accumulates to $180,964 by year five. Five-year ROI measures 141.32% and total cumulative return in cash reaches $304,547. For financing, Ziffy Mortgage’s DSCR program evaluates $5,315/mo property income against a $3,206/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1998

6,329 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 95624, Elk Grove, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,173 (100%)
Owner Occupied HU	16,020 (75.7%)
Renter Occupied HU	4,639 (21.9%)
Vacant Housing Units	514 ( 2.4%)
Median Home Value	$635,804
Average Home Value	$673,355