2224 Peacock Pl #3Union CityCA94587
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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
Rental property for sale in Union City at 2224 Peacock Pl #3, Union City, CA, 94587 generates $1,754/mo in rent and, after a $1,224/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,754/mo, and annual cash flow is $2,485/yr on $82,875 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.42% on a $249,999 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 118.98% and total cumulative return in cash sums $98,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,754/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94587, Union City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,860 (100%) |
| Owner Occupied HU | 13,557 (62.0%) |
| Renter Occupied HU | 7,713 (35.3%) |
| Vacant Housing Units | 590 ( 2.7%) |
| Median Home Value | $1,153,571 |
| Average Home Value | $1,180,265 |
Housing Distribution
Address Breakdown
Residential
21,542
Single Family
17,407
Multi-Family
4,135
Businesses
1,536
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Listed by: Michael Reyes • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82022838