1300 Quarry Court #213RichmondCA94801
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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 1300 Quarry Court #213, Richmond, CA, 94801 uses $193,452 cash to close to unlock $9,702/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $4,446/mo, and a $2,878/mo payment keeps the spread at $809/mo. Purchase price stands at $588,000, and rental yield measures 9.07% with $4,446/mo rent. Return on cash invested shows 25.08% in year one, and 5% annual appreciation builds toward $162,454 over five years. Five-year ROI reaches 130.52% and total cumulative return in cash records $252,492. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,446/mo property income covering a $2,878/mo payment rather than investor’s personal income.
Condo
Built in 1985
1,332 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94801, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,643 (100%) |
| Owner Occupied HU | 4,301 (40.4%) |
| Renter Occupied HU | 5,723 (53.8%) |
| Vacant Housing Units | 619 ( 5.8%) |
| Median Home Value | $667,820 |
| Average Home Value | $818,383 |
Housing Distribution
Address Breakdown
Residential
10,030
Single Family
8,128
Multi-Family
1,902
Businesses
696
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Listed by: John Brannan • Compass
Mls Name: BAREIS
Mls ID: #325073811