123 Ridgewood CtVallejoCA94591
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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 123 Ridgewood Ct, Vallejo, CA, 94591 generates $3,710/mo in rent and, after a $2,765/mo payment, leaves $215/mo in cash flow. Total monthly income is $3,710/mo, and annual cash flow is $2,582/yr on $185,885 invested. Return on cash invested sits at 21.45% in year one, and rental yield is 7.88% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 111.08% and total cumulative return in cash sums $206,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,710/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
6,098 sqft 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: Nina Giannini • Messina Realty Inc
Mls Name: BAREIS
Mls Provider:
Mls ID: #324085247
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.