112 Michigan StVallejoCA94590
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Vallejo at 112 Michigan St, Vallejo, CA, 94590 generates $2,400/mo in rent, after a $3,793/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 8.79% in year one, and rental yield is 3.72% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 43.19% and total cumulative return in cash sums $110,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Multi Family
Built in 1967
7,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94590, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,974 (100%) |
| Owner Occupied HU | 5,998 (37.5%) |
| Renter Occupied HU | 8,852 (55.4%) |
| Vacant Housing Units | 1,124 ( 7.0%) |
| Median Home Value | $592,980 |
| Average Home Value | $584,303 |
Housing Distribution
Address Breakdown
Residential
15,880
Single Family
12,590
Multi-Family
3,290
Businesses
1,842
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Listed by: Steven M. Crane • Morley Fredericks Real Estate
Mls Name: SFAR
Mls Provider:
Mls ID: #325022593
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.