1616 Mellowood StPittsburgCA94565
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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 Pittsburg at 1616 Mellowood St, Pittsburg, CA, 94565 listed at $649,900 pairs $3,989/mo rent with a $3,181/mo payment. Total monthly income runs $3,989/mo. Return on cash invested measures 19.88% in year one, and rental yield registers 7.37% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 102.67% and total cumulative return in cash totals $219,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,989/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94565, Pittsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,781 (100%) |
| Owner Occupied HU | 17,563 (55.3%) |
| Renter Occupied HU | 13,096 (41.2%) |
| Vacant Housing Units | 1,122 ( 3.5%) |
| Median Home Value | $597,549 |
| Average Home Value | $644,907 |
Housing Distribution
Address Breakdown
Residential
31,108
Single Family
27,251
Multi-Family
3,857
Businesses
1,353
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Listed by: Jeffrey Kenney • JDK & Associates Realty, Inc.
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41119811