2077 Washington Ave APT 114San 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 2077 Washington Ave APT 114, San Leandro, CA, 94577 offers a 9.35% rental yield on a $309,000 purchase with $2,408/mo rent. Total monthly income registers $2,408/mo, and a $1,512/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,962/yr on $102,434 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 134.05% and total cumulative return in cash at $137,309. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,408/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
0.64 Acres lot
$N/A/sqft
No 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: Mac Rogers • Sunshine Realty
Mls Name: Bay East AOR
Mls ID: #41109371