124 Erin DrVallejoCA94589
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Vallejo rentals match the income profile of 124 Erin Dr, Vallejo, CA, 94589. Listed at $532,000, gross rent is $6,193/mo and net cash flow is $2,625/mo, a 13.97% yield well above national averages. DSCR 2.59 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $146,982 by year five with $4,900/yr in annual principal reduction, projecting $371,855 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 7.0% |
| Monthly Cash Flow | $2,625 | $1,500 |
City averages based on Vallejo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,193 |
| Total Monthly Debt Service | $3,356 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1980
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices