As part of my series... Sacramento Cash Flow Homes... Today I am writing about another popular zipcode that Investors can find cash flow in our area... 95828!
This is the first time in years that Investors could get cash flow homes right here in Sacramento. The key is to find an area within Sacramento that offers purchase prices below $150,000 with rental amounts that will exceed the typical mortgage payment.
Keep in mind the goal of most of our Investor clients is to purchase a Sacramento home and secure monthly cash flow. So this blog is written with a long term rental property in mind.
Another popular zip code in Sacramento for cash flow is 95828.
It offers a low price point homes (as you can see below ) in the 95-150k range that cash flow.
This zip code located in the south Sacramento area neat the old Florin Mall and attendees down to the boarder of Elk Grove.
This is an area that we fequently visit during our Sacramento Real Estate Investor Boot Camps because the cost of the homes are in the target range to achieve cash flow and there are great niche neighborhoods if you know where to look.
According to Rentometer.com here are the rental income numbers for 95828. Keep in mind these are not figures you should solely rely on. This website will give you a snapshot based on collection of data from all available sources (newspaper classifieds, online classifieds, apartment rentals, etc.) and Rentometer.com will filter the data based on your criteria (proximity, property type, crime rate, population, income, etc).
The lower price points, great niche areas, proximity to Elk Grove, and rental income possilble above your typical mortage payment (with 25% down)... makes 95828 worth looking into!
Here are some statistics for 2009 for this zip code:
If you are interested in attending our next Sacramento Investor Boot Camp and Foreclosure Tour make sure to enlist at our website www.SacramentoInvestorBootCamp.com!
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Check out another Sacramento Cash Flow Zip Code... 95823
If you would like to be pre-approved for your next Sacramento Investor mortgage... Please call us at (916) 687-6868!
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