228 15th StRichmondCA94801
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
Investment Highlights
Rental property for sale in Richmond at 228 15th St, Richmond, CA, 94801 generates $4,932/mo in rent and, after a $2,203/mo payment, leaves $1,665/mo in cash flow. Total monthly income is $4,932/mo, and annual cash flow is $19,977/yr on $149,175 invested. Return on cash invested sits at 33.3% in year one, and rental yield is 13.15% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 176.06% and total cumulative return in cash sums $262,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,932/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
5,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94801, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,643 (100%) |
| Owner Occupied HU | 4,301 (40.4%) |
| Renter Occupied HU | 5,723 (53.8%) |
| Vacant Housing Units | 619 ( 5.8%) |
| Median Home Value | $667,820 |
| Average Home Value | $818,383 |
Housing Distribution
Address Breakdown
Residential
10,030
Single Family
8,128
Multi-Family
1,902
Businesses
696
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marilyn D. Becklehimer • Dio Real Estate
Mls Name: SFAR
Mls Provider:
Mls ID: #425046022
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.