165 Oddstad Drive #10VallejoCA94589
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 165 Oddstad Drive #10, Vallejo, CA, 94589 in Vallejo hard to pass up. The 10.8% gross yield on a $299,000 purchase results in $2,690/mo in rent and $521/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.00). Annual cash flow of $6,249, five-year appreciation of $82,608, and $2,754/yr in equity build-up combine for a projected total cumulative return of $167,484.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.0% |
| Monthly Cash Flow | $521 | $1,500 |
City averages based on Vallejo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,690 |
| Total Monthly Debt Service | $1,731 |
| DSCR Ratio | 1.55x |
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.
Townhouse
Built in 1984
435.60 sqft lot
$N/A/sqft
No 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
Townhouse
Built in 1984
435.60 sqft lot
$N/A/sqft
No 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: Monica A Hartinger • Cultivate Real Estate
Mls Name: BAREIS
Mls ID: #326006520