8917 Old Creek DrElk GroveCA95758
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 8917 Old Creek Dr, Elk Grove, CA, 95758 in Elk Grove offers a clean, manageable entry. Rental yield 6.87%. DSCR 1.27 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $187,810 in additional property value over five years, with $6,261/yr in principal equity building ownership stake. Total projected cumulative return: $237,561.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.5% |
| Monthly Cash Flow | $(314) | $300 |
City averages based on Elk Grove market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,892 |
| Total Monthly Debt Service | $3,935 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
8,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95758, Elk Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,386 (100%) |
| Owner Occupied HU | 14,846 (66.3%) |
| Renter Occupied HU | 7,052 (31.5%) |
| Vacant Housing Units | 488 ( 2.2%) |
| Median Home Value | $593,388 |
| Average Home Value | $619,468 |
Housing Distribution
Address Breakdown
Residential
22,421
Single Family
19,895
Multi-Family
2,526
Businesses
1,435
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
Single Family
Built in 1988
8,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95758, Elk Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,386 (100%) |
| Owner Occupied HU | 14,846 (66.3%) |
| Renter Occupied HU | 7,052 (31.5%) |
| Vacant Housing Units | 488 ( 2.2%) |
| Median Home Value | $593,388 |
| Average Home Value | $619,468 |
Housing Distribution
Address Breakdown
Residential
22,421
Single Family
19,895
Multi-Family
2,526
Businesses
1,435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth Carlsen • Real Estate Source Inc
Mls Name: MetroList Services of CA
Mls ID: #226003981