1300 Quarry Ct APT 309RichmondCA94801
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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 Richmond at 1300 Quarry Ct APT 309, Richmond, CA, 94801 generates $4,501/mo in rent, after a $2,932/mo payment. Total monthly income is $4,501/mo. Return on cash invested sits at 16.67% in year one, and rental yield is 9.02% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 88.44% and total cumulative return in cash sums $174,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,501/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$1,091 monthly 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: Mary Beth Huey • InterBanc Real Estate Services
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81974142
Disclaimer: Based on information from the MLSListings MLS as of 2025-01-08 22:26:24 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.