Sacramento Duplexes – A Good Buy for Long Term Cash Flow…!

Sacramento Duplex Prices Are Steady & Rents Are Good…!

With the annual rate of appreciation of Real Estate prices in the Sacramento area generally slowing down a bit buying a Duplex here might be a little easier with fewer multiple offers.

20140905_144808Don’t get me wrong if you have been looking for an Investment like a Sacramento Duplex there are still multiple offers occurring.

That is especially true if the Duplex has been well maintained with good curb appeal and a great tenant profile paying close to or at Market Rents.

Those Duplexes that have some deferred maintenance issues and below market rents will take a little longer to sell if they are not priced correctly to make up for their deficiencies.

Here’s some quick statistics for you regards closed sales from January 1, 2019 to Date, February 12th.

Average Average   Pct of
List Price Sales Price List Price
 $  371,088  $   365,641 98.5%

As you can see it looks like prices have stabilized somewhat, but the rents are still going up.   Maybe now is the time to make a move into Buying a Sacramento Duplex.

If you’re thinking of investing in Sacramento Duplexex, maybe a Four-Plex or even a small Apartment complex please drop me an email note at favinger@rwnetwork.com or call/text me at 916.203.1260.

By the way… We do Property Management as well.

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE

Related Articles

 

 

 

Just Listed – Rancho Cordova Duplex for Sale…!

Great Prime Area of Rancho Cordova

We’ve just listed a Duplex for sale at 2621-2623 Capitales Drive, Rancho Cordova.   Rancho Cordova in my opinion is the “sleeper” area for Duplexes.

You can get top dollar rents because it’s an area that is near everything.   Schools, shopping, Light Rail and Hwy 50 on-ramps are very close by.

20181211_142142

To find out more information about this property please CLICK HERE for a Proforma Cash Flow Analysis.

Curious about the Rental potential…?   I’ve got a Rent Survey for you if you CLICK HERE for that.

Our Property Management company, Haven Properties currently manages about 35 doors in about a 3/4 mile radius of this property so we know the area well.

Call me to see this property today at 916-203-1260

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE   916-203-1260   favinger@rwnetwork.com

Related Articles

Sacramento & Rancho Cordova Duplex Investors – Heads Up…!

The Way You Manage Your Duplex Will Determine The Rent Return & Appreciation Down The Line

Over the years since I’ve been writing here,  I’ve discussed Investing in Sacramento Duplexes for sale.  Other areas with great potential are Citrus Heights, Carmichael and Rancho Cordova with a lot of neighborhoods of Duplexes that come up for sale from time to time.

While in many respects Duplexes have the same amenities as a Single Family home, they are for the most part properties occupied by “non-owners” called Tenants.

An Investment Property like a Duplex has to be managed correctly to get the most value out of your investment in the form of higher rents and of course at re-sale increased appreciation.

I’ve got a little slide show that I would like to share with you.   This is one of my pet peeves – the lack of proper management and allowing Tenants to do what they want with your Investment.

What is my pet peeve…?   Parked cars on the front yard grass.    See below.

 

What do you think…?

If you are thinking of buying a Duplex in the Sacramento Area, think about managing it as well.   Good management will make you money.     Check out our Property Management Company.

 

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker, 916-203-1260     favinger@rwnetwork.com

Landscaping and Views Affect Values of Duplexes Too…!

People Will Pay More Rent & That Affects Your Value.

If you’re thinking of buying a Sacramento Duplex, I’ve always told investors to not overlook landscaping and “curb appeal” as an important part of your investment.  In addition back yard landscaping with patios, shade trees and privacy enhance your property and make it stand out when you have a rental competing with others and when you decide to sell.

We have such great weather in which a nice back yard adds an extension of the living area because your tenants will hang out there.

In other words a nicely landscaped property front and back will bring you more income and increase the value of your investment.   This is true for Single Family Homes, Duplexes and even apartment complexes.

Take a peek at this graphic from the California Association of Realtors.

Home-Value-hi-res

 

 

 

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE   favinger@rwnetwork.com   916-203-1260

 

 

Looking for a Sacramento Duplex for Sale…?

Just Listed –  Two Sacramento Area Duplexes for Sale…

We have just put on the market two Duplexes for Sale in great areas of Sacramento.

Click the links below and you’ll get the information along with a link there to a “proforma” cash flow analysis.

9143-9145 Tuolumne Drive, Sacramento, Ca,   3 bedrooms 2 bath each side with updated interiors

Listed at $399,000

6041-6043 Rye Way, Carmichael, Ca – 2 bedroom 1 bath units ea side

Listed at $340,000

If you are looking for a Duplex to buy in the Sacramento Region, then drop me a note via email or send me a text at 916.203.1260.    I pick up the phone too if you decide you’d like to actually speak to a live person on the other end.

Let me help you find the perfect investment for you..!

In the meantime…?

Make it a Great Day…

Ed Favinger, Broker, CRS, GRI, SFR, CDPE   916.203.1260   favinger@rwnetwork.com