2358 Velocity Cmn #206FremontCA94539
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2358 Velocity Cmn #206, Fremont, CA, 94539 in Fremont. Rental yield 5.59%. At $1,099,990 with 5.59% gross yield, current distributions are modest, but the 5% appreciation rate projects $303,907 in new equity by year five, complemented by $10,131/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.04) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $308,852.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.1% |
| Monthly Cash Flow | $(2,306) | $2,500 |
City averages based on Fremont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,122 |
| Total Monthly Debt Service | $6,367 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2021
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94539, Fremont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,174 (100%) |
| Owner Occupied HU | 13,685 (75.3%) |
| Renter Occupied HU | 3,555 (19.6%) |
| Vacant Housing Units | 934 ( 5.1%) |
| Median Home Value | $1,812,837 |
| Average Home Value | $1,758,619 |
Housing Distribution
Address Breakdown
Residential
18,026
Single Family
16,598
Multi-Family
1,428
Businesses
1,471
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
Condo
Built in 2021
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94539, Fremont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,174 (100%) |
| Owner Occupied HU | 13,685 (75.3%) |
| Renter Occupied HU | 3,555 (19.6%) |
| Vacant Housing Units | 934 ( 5.1%) |
| Median Home Value | $1,812,837 |
| Average Home Value | $1,758,619 |
Housing Distribution
Address Breakdown
Residential
18,026
Single Family
16,598
Multi-Family
1,428
Businesses
1,471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary (gang) Liu • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82035770