1306 Magazine StVallejoCA94591
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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 Vallejo at 1306 Magazine St, Vallejo, CA, 94591 offers a 8.56% rental yield on a $359,950 purchase with $2,569/mo rent. Total monthly income registers $2,569/mo, and a $1,762/mo payment leaves $342/mo available for distribution. Annual cash flow reaches $4,105/yr on $119,323 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,448 over five years. Portfolio math shows five-year ROI at 121.32% and total cumulative return in cash at $144,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,569/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.40 Acres 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: Douglas Pankey • Red Lime Real Estate
Mls Name: CCAR
Mls ID: #41115916