We are looking into a investing in a multiplex in del Paso heights. Is there value in going forward in today's inflated Sacramento property market where rent to price of hone doesn't make sense. Del Paso heights has the best ROI
Flipper/Rehabber · Sacramento, CA · Member since 2019 · 16 posts · 9 votes
4y
@Soman Paddi DPH is one of the rougher neighborhoods in Sacramento with solid c and b housing. You should be able to pull decent section 8 rents if you get a high enough bed count on the duplex. If the numbers work, make it happen!
Investor · Sacramento, CA · Member since 2010 · 161 posts · 29 votes
4y
@Soman Paddi DPH is a still good rental area. I agree with Omar regarding section 8, but rental market remains hot throughout Sacramento regardless and doesn't necessarily have to be section 8. As the market rents have increased, some renters have migrated to more affordable areas.
Property Manager · California Washington North Carolina South Carolina, Georgia and Alabama · Member since 2020 · 71 posts · 27 votes
4y
Hello Soman,
I am work for a local property management firm and would be happy to assist you with market rent analysis, recommendations on rental strategies, provide recommendations on value add and will do a site evaluation during the acquisition process. Please feel free to private message me.
Rental Property Investor · Sacramento, CA · Member since 2017 · 202 posts · 82 votes
4y
@Soman Paddi Del Paso Heights is a great area to invest in, you can find great deals in the area. Its close to downtown Sacramento, downtown is being developed and people can still find affordable rental housing in Del Paso heights. I feel like the area will be a hot market in a few years because of how close it is to downtown and the low prices of homes.