231 Macalvey DrMartinezCA94553
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 Martinez at 231 Macalvey Dr, Martinez, CA, 94553 offers $5,046/mo rent that, after a $5,330/mo payment. Total monthly income is $5,046/mo. Return on cash invested measures 14.62% in year one, and rental yield stands at 5.56% at a $1,089,000 entry. Equity gained on principal adds $7,027/yr while 5% annual appreciation compounds into $300,871 by year five. Five-year ROI records 74.38% and total cumulative return in cash reaches $262,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,046/mo property income versus a $5,330/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94553, Martinez, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,001 (100%) |
| Owner Occupied HU | 13,368 (66.8%) |
| Renter Occupied HU | 5,906 (29.5%) |
| Vacant Housing Units | 727 ( 3.6%) |
| Median Home Value | $816,989 |
| Average Home Value | $866,436 |
Housing Distribution
Address Breakdown
Residential
19,982
Single Family
17,581
Multi-Family
2,401
Businesses
1,659
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Listed by: Mark Vanbuskirk • Vanguard Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324078879
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.