15335 Washington Ave APT 203San LeandroCA94579
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.50 makes 15335 Washington Ave APT 203, San Leandro, CA, 94579 in San Leandro one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.1%. The 8.1% yield, 5% annual appreciation ($129,300 over five years), and $4,310/yr in principal reduction project a total cumulative return of $156,511.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $(369) | $1,200 |
City averages based on San Leandro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,161 |
| Total Monthly Debt Service | $3,344 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
0.89 Acres lot
$N/A/sqft
$635 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94579, San Leandro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,978 (100%) |
| Owner Occupied HU | 4,919 (70.5%) |
| Renter Occupied HU | 1,884 (27.0%) |
| Vacant Housing Units | 175 ( 2.5%) |
| Median Home Value | $825,394 |
| Average Home Value | $840,397 |
Housing Distribution
Address Breakdown
Residential
7,094
Single Family
6,416
Multi-Family
678
Businesses
217
Nearby investment properties with comparable rents
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
Condo
Built in 1985
0.89 Acres lot
$N/A/sqft
$635 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94579, San Leandro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,978 (100%) |
| Owner Occupied HU | 4,919 (70.5%) |
| Renter Occupied HU | 1,884 (27.0%) |
| Vacant Housing Units | 175 ( 2.5%) |
| Median Home Value | $825,394 |
| Average Home Value | $840,397 |
Housing Distribution
Address Breakdown
Residential
7,094
Single Family
6,416
Multi-Family
678
Businesses
217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adela Picar • eXp Realty of Northern CA Inc.
Mls Name: SFAR
Mls Provider:
Mls ID: #424073952
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.