Plan 1 Plan, Long MeadowElk 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
Rental property for sale in Elk Grove at Plan 1 Plan, Long Meadow, Elk Grove, CA, 95624 priced at $657,233 converts $3,234/mo rent into after a $3,217/mo obligation. Total monthly income equals $3,234/mo. Return on cash invested prints 15.44% in year one, and rental yield reads 5.9% against a $657,233 entry. Equity gained on principal adds $4,241/yr, while 5% annual appreciation compiles into $181,581 by year five. Five-year ROI reaches 78.87% and total cumulative return in cash sums $170,549. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,234/mo property income covering a $3,217/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Risewell Homes
Mls Name: Risewell Homes
Mls Provider:
Mls ID: #N/A