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Ramki D.
  • New to Real Estate
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Elk Grove for investment property

Ramki D.
  • New to Real Estate
Posted Nov 22 2021, 06:28

I am exploring elk Grove 95757 zip code area to buy investment SFR property. I am planning to hold this property for 7-10 years and property appreciation is my primary goal. Yesterday I visited this area and there is a lot of new construction going on. How is the rental market here. I searched for Zillow rentals in the 95757 area and saw very few rental listings. Most of the properties are lower 600's and rents range from 2500 - 2800$. Is elk Grove good area to buy and hold for the long term even though there is some -ve cash flow? Any thoughts/suggestions. Thanks

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