9008 Devon Crest WayElk GroveCA95624
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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 Elk Grove at 9008 Devon Crest Way, Elk Grove, CA, 95624 listed at $550,000 pairs $3,514/mo rent with a $2,692/mo payment to leave $112/mo cash flow. Total monthly income runs $3,514/mo, and annual cash flow reaches $1,339/yr on $180,950 cash to close. Return on cash invested measures 20.8% in year one, and rental yield registers 7.67% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 107.58% and total cumulative return in cash totals $194,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,514/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
5,445 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 |
Housing Distribution
Address Breakdown
Residential
21,177
Single Family
20,165
Multi-Family
1,012
Businesses
1,132
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Listed by: Amy Whitman • Reliant Realty Inc.
Mls Name: MetroList Services of CA
Mls ID: #225116759