1505 Nevin PlzRichmondCA94801
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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 1505 Nevin Plz, Richmond, CA, 94801 offers $4,022/mo rent that, after a $2,255/mo payment, leaves $402/mo cash flow. Total monthly income is $4,022/mo, and annual cash flow is $4,818/yr on $152,722 cash. Return on cash invested measures 23.06% in year one, and rental yield stands at 10.48% at a $460,700 entry. Equity gained on principal adds $2,973/yr while 5% annual appreciation compounds into $127,283 by year five. Five-year ROI records 121.95% and total cumulative return in cash reaches $186,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,022/mo property income versus a $2,255/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
854 sqft lot
$N/A/sqft
$350 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: Lionel Bohanon • L.B. Unique Properties, Inc.
Mls Name: BAREIS
Mls Provider:
Mls ID: #325016011
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.