ZIP CODE 95823 // SACRAMENTO-ROSEVILLE-FOLSOM, CA // DATA AS OF 2026-09-30
Sacramento, CA (95823) Rental Property Cap Rate & Cash Flow Report
Located in Sacramento County (Sacramento, CA), Zip Code 95823 ranks #148 of 500 within this selected sample (71th percentile) with a Zillow ZHVI typical home-value index of $421,389 (-0.2% YoY) and a ZORI observed market rent of $2,069/mo (+3.8% YoY). Requires at least 48.4% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$756/mo
Annual: -$9,068/yr
Modeled Cap Rate
3.92%
NOI: $16,501/yr
Cash-on-Cash Return
-9.36%
Cash Needed: $96,919
1% Rule Ratio
0.49%
Gross Yield: 5.89%
Break-Even Rent
$2,938/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 95823 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,131/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$694/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (95823)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $396,208 | $1,733/mo | 5.25% |
| 2022 | $445,435 | $1,945/mo | 5.24% |
| 2023 | $423,465 | $1,888/mo | 5.35% |
| 2024 | $436,431 | $1,971/mo | 5.42% |
| 2025 | $422,352 | $1,994/mo | 5.67% |
| 2026 | $421,389 | $2,069/mo | 5.89% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 92201 Indio, CA | $463,201 | $2,271/mo | 3.91% | -$834/mo |
| 93309 Bakersfield, CA | $343,293 | $1,677/mo | 3.89% | -$623/mo |
| 92336 Fontana, CA | $695,692 | $3,466/mo | 3.99% | -$1,204/mo |
| 92584 Menifee, CA | $625,741 | $3,135/mo | 4.02% | -$1,068/mo |
| 93306 Bakersfield, CA | $346,380 | $1,664/mo | 3.81% | -$653/mo |
| 93274 Tulare, CA | $357,011 | $1,792/mo | 4.03% | -$606/mo |