2322 Belvedere AveSan 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 2322 Belvedere Ave, San Leandro, CA, 94577 offers a 6.53% rental yield on a $589,000 purchase with $3,203/mo rent. 33% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 88.99% and total cumulative return in cash at $172,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,203/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
871.20 sqft 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: An Chi Ly • United Brokers Real Estate
Mls Name: Bay East AOR
Mls ID: #41121095