1300 Quarry Ct APT 303RichmondCA94801
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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 Ct APT 303, Richmond, CA, 94801 listed at $529,000 pairs $3,970/mo rent with a $2,589/mo payment to leave $698/mo cash flow. Total monthly income runs $3,970/mo, and annual cash flow reaches $8,372/yr on $174,041 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 9.01% at a $529,000 basis. Equity gained on principal adds $3,414/yr, and annual property appreciation at 5% supports $146,153 by year five. Five-year ROI tracks 129.42% and total cumulative return in cash totals $225,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,970/mo property income relative to a $2,589/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A 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: Ida Abelson • BRICKYARD REALTY
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41119605