8940 Leatham AveFair OaksCA95628
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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 Fair Oaks at 8940 Leatham Ave, Fair Oaks, CA, 95628 priced at $629,000 converts $3,536/mo rent into after a $3,079/mo obligation. Total monthly income equals $3,536/mo. Return on cash invested prints 17.37% in year one, and rental yield reads 6.75% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 89.44% and total cumulative return in cash sums $185,085. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,536/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 1979
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95628, Fair Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,888 (100%) |
| Owner Occupied HU | 12,019 (67.2%) |
| Renter Occupied HU | 5,234 (29.3%) |
| Vacant Housing Units | 635 ( 3.5%) |
| Median Home Value | $679,211 |
| Average Home Value | $717,794 |
Housing Distribution
Address Breakdown
Residential
17,846
Single Family
16,524
Multi-Family
1,322
Businesses
1,383
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Listed by: Lynel Ford • Lynel Ford Realty
Mls Name: MetroList Services of CA
Mls ID: #225101331