1550 Bancroft Ave APT 412San LeandroCA94577
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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 San Leandro at 1550 Bancroft Ave APT 412, San Leandro, CA, 94577 offers a 9.64% rental yield on a $485,000 purchase with $3,895/mo rent. Total monthly income registers $3,895/mo, and a $2,374/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,750/yr on $160,778 to close, and return on cash invested stands at 22.24% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 116.92% and total cumulative return in cash at $187,982. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,895/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
1.01 Acres lot
$N/A/sqft
$582 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94577, San Leandro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,947 (100%) |
| Owner Occupied HU | 9,256 (51.6%) |
| Renter Occupied HU | 7,916 (44.1%) |
| Vacant Housing Units | 775 ( 4.3%) |
| Median Home Value | $847,672 |
| Average Home Value | $921,481 |
Housing Distribution
Address Breakdown
Residential
17,678
Single Family
12,420
Multi-Family
5,258
Businesses
2,916
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Listed by: Shan Susan Gao • Intero Real Estate Services
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41080203
Disclaimer: Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-01-08 20:54:56 PST.