885 Halidon Way APT 923FolsomCA95630
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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 Folsom at 885 Halidon Way APT 923, Folsom, CA, 95630 offers a 7.96% rental yield on a $324,950 purchase with $2,155/mo rent. Total monthly income registers $2,155/mo, and a $1,590/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,743/yr on $107,721 to close, and return on cash invested stands at 21.53% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,778 over five years. Portfolio math shows five-year ROI at 111.53% and total cumulative return in cash at $120,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,155/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95630, Folsom, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,418 (100%) |
| Owner Occupied HU | 22,461 (65.3%) |
| Renter Occupied HU | 9,898 (28.8%) |
| Vacant Housing Units | 2,059 ( 6.0%) |
| Median Home Value | $732,244 |
| Average Home Value | $749,661 |
Housing Distribution
Address Breakdown
Residential
32,491
Single Family
26,905
Multi-Family
5,586
Businesses
2,075
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Listed by: John Kellogg • eXp Realty of California Inc
Mls Name: MetroList Services of CA
Mls ID: #225111112