1201 Glen Cove Parkway #915VallejoCA94591
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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 Vallejo at 1201 Glen Cove Parkway #915, Vallejo, CA, 94591 uses $114,368 cash to close to unlock $1,260/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $2,893/mo, and a $1,689/mo payment keeps the spread at $105/mo. Purchase price stands at $345,000, and rental yield measures 10.06% with $2,893/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 111.22% and total cumulative return in cash records $127,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,893/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Condo
Built in 1992
832.00 sqft lot
$N/A/sqft
$610 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94591, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,849 (100%) |
| Owner Occupied HU | 12,655 (63.8%) |
| Renter Occupied HU | 6,407 (32.3%) |
| Vacant Housing Units | 787 ( 4.0%) |
| Median Home Value | $638,699 |
| Average Home Value | $666,896 |
Housing Distribution
Address Breakdown
Residential
19,903
Single Family
17,098
Multi-Family
2,805
Businesses
739
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Listed by: Rachelle J Barngraff • RE/MAX Gold
Mls Name: BAREIS
Mls Provider:
Mls ID: #324054486
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.