118 Maine AveRichmondCA94804
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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
Investment property for sale in Richmond at 118 Maine Ave, Richmond, CA, 94804 at $375,000 posts ROI 32.72% with $1,328/mo cash flow from $3,647/mo rent. Total monthly income equals $3,647/mo, and annual cash flow records $15,931/yr on $124,313 to close. Return on cash invested measures 32.72% and rental yield reads 11.67% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 171.57% and total cumulative return in cash totals $213,279.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,647/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94804, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,065 (100%) |
| Owner Occupied HU | 7,694 (47.9%) |
| Renter Occupied HU | 7,578 (47.2%) |
| Vacant Housing Units | 793 ( 4.9%) |
| Median Home Value | $707,589 |
| Average Home Value | $803,285 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,603
Multi-Family
2,925
Businesses
1,213
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Listed by: Wendy Shearer • Rick Fuller Inc.
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41122802