9506 Coney Island Cir #8Elk GroveCA95758
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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 Elk Grove at 9506 Coney Island Cir #8, Elk Grove, CA, 95758 generates $2,441/mo in rent and, after a $1,835/mo payment, leaves $122/mo in cash flow. Total monthly income is $2,441/mo, and annual cash flow is $1,459/yr on $124,313 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 7.81% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 109.13% and total cumulative return in cash sums $135,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,441/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A 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
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Listed by: Britney Thompson • Windermere Signature Properties Downtown
Mls Name: MetroList Services of CA
Mls ID: #225097181