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2022 Zinfandel Drive, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 3 bed, 2 bath

2022 Zinfandel Drive, Rancho Cordova, CA 95670 home-pic-0
ACTIVE$349,999
2022 Zinfandel Drive, Rancho Cordova, CA 95670
3Beds
2Baths
1,217Sqft
3,615Lot
Year Built
1976
Close
-
List price
$350K
Original List price
-
Price/Sqft
$288
HOA
$375
Days on market
-
Sold On
-
MLS number
225057519
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $350.0K(77th), sqft - 1217(50th), beds - 3(54th), baths - 2(50th).

Turnkey Investment Opportunity with Reliable Cash Flow! This charming 3-bedroom, 2-bath property is already generating income at $1,995/months with a tenant in place through the end of November,2025. Ideal for investors seeking immediate returns with minimal upkeep. The home features an open kitchen/dining/living layout with Saltillo tile flooring and LVP flooring throughout the remainder of the home. The kitchen and baths have been refreshed to enhance both style and functionality Dual-pane windows and sliders, 9-year old HVAC system, NEST thermostat, and a reverse osmosis water filtration system add value and peace of mind. The backyard is low-maintenance with artificial turf and drought-resistant landscaping. The HOA covers front yard maintenance, roof, exterior and water, reducing owner responsibilities and costs. Located near shopping, public transit, and essential amenities, this is a smart addition to any investment portfolio. Steady income, minimal maintenance, and major updates already done - this is the hassle-free investment you've been waiting for!

Nearby schools

5/10
Williamson Elementary School
Public,•K-5•0.6mi
3/10
W. E. Mitchell Middle School
Public,•6-8•0.1mi
4/10
Cordova High School
Public,•9-12•2.1mi

Price History

Date
Event
Price
06/02/25
Price Change
$349,999
04/19/21
Sold
$302,000
08/25/04
Sold
$225,000
09/29/00
Sold
$95,000
Condition Rating
Good
Built in 1976, this property has undergone significant updates that make it move-in ready. The HVAC system is 9 years old, dual-pane windows and sliders are installed, and LVP flooring has been added in several areas. The kitchen and bathrooms have been 'refreshed' with updated vanities, countertops, and recessed lighting in the kitchen. However, the kitchen still features older white appliances and the original Saltillo tile flooring, and popcorn ceilings are present throughout, indicating it has not received a full, high-end modern renovation. Major systems are functional and within their expected lifespan, aligning with a 'Good' condition rating.
Pros & Cons

Pros

Guaranteed Income & Turnkey: The property is a turnkey investment opportunity, already generating $1,995/month with a tenant in place through November 2025, ensuring immediate and reliable cash flow for the new owner.
Extensive Updates & Modern Amenities: Significant recent updates include refreshed kitchen and baths, dual-pane windows and sliders, a 9-year-old HVAC system, NEST thermostat, and a reverse osmosis water filtration system, reducing immediate maintenance needs.
Low Maintenance Living: The backyard features artificial turf and drought-resistant landscaping, minimizing upkeep. Additionally, the HOA covers front yard maintenance, roof, exterior, and water, significantly reducing owner responsibilities and costs.
HOA Benefits: The Homeowners Association (HOA) covers essential exterior maintenance such as the roof, exterior, and front yard, along with water costs, providing peace of mind and predictable expenses for the owner.
Convenient Location: Strategically located near shopping centers, public transit options, and essential amenities, enhancing its appeal to current and future tenants and contributing to its long-term investment value.

Cons

Property Age: Built in 1976, the property is older, which despite recent updates, may still present potential for age-related issues in underlying systems or structures not covered by the HOA.
Condominium Ownership: As a condominium, the property involves shared walls and adherence to HOA rules and regulations, which may limit owner autonomy regarding exterior modifications or certain lifestyle choices.
Tenant Lease Expiration: While currently occupied, the tenant's lease expires at the end of November 2025, meaning the new owner will need to manage lease renewal negotiations or the process of finding a new tenant within approximately 1.5 years.

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