1201 Glen Cove Pkwy APT 1001VallejoCA94591
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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 1201 Glen Cove Pkwy APT 1001, Vallejo, CA, 94591 generates $2,453/mo in rent and, after a $1,703/mo payment, leaves $301/mo in cash flow. Total monthly income is $2,453/mo, and annual cash flow is $3,606/yr on $115,362 invested. Return on cash invested sits at 23.03% in year one, and rental yield is 8.46% on a $348,000 entry. Equity gained on principal adds $2,246/yr, while 5% annual appreciation builds toward $96,146 over five years. Five-year ROI reaches 119.62% and total cumulative return in cash sums $137,998. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,453/mo property income rather than buyer’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No 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: Rebecca Deluna • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls ID: #ML82015941