165 Oddstad Dr APT 35VallejoCA94589
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 165 Oddstad Dr APT 35, Vallejo, CA, 94589 in Vallejo achieves 1.64, rent of $2,329/mo covers the $1,416/mo payment 1.5x over at $314,900. Rental yield 8.88%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $87,001 over five years, with $2,900/yr in principal reduction bringing total projected return to $113,725.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.0% |
| Monthly Cash Flow | $(123) | $1,500 |
City averages based on Vallejo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,329 |
| Total Monthly Debt Service | $2,326 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1984
436 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
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 1984
436 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Hughey • RE/MAX Accord
Mls Name: BAREIS
Mls Provider:
Mls ID: #325029349
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.