1532 Chanslor Ave APT TRichmondCA94801
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Nearby investment properties with comparable prices
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 1532 Chanslor Ave APT T, Richmond, CA, 94801 at $249,000 posts ROI 21.67% with $121/mo cash flow from $1,662/mo rent. Total monthly income equals $1,662/mo, and annual cash flow records $1,456/yr on $82,544 to close. Return on cash invested measures 21.67% and rental yield reads 8.01% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 112.33% and total cumulative return in cash totals $92,720.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,662/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1981
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: Elizabeth Nguyen • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82024234