237 Lighthouse DriveVallejoCA94590
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 Vallejo at 237 Lighthouse Drive, Vallejo, CA, 94590 offers $2,356/mo rent that, after a $1,463/mo payment. Total monthly income is $2,356/mo. Return on cash invested measures 15.7% in year one, and rental yield stands at 9.46% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 84.04% and total cumulative return in cash reaches $83,302. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,356/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
953.96 sqft lot
$N/A/sqft
$661 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94590, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,974 (100%) |
| Owner Occupied HU | 5,998 (37.5%) |
| Renter Occupied HU | 8,852 (55.4%) |
| Vacant Housing Units | 1,124 ( 7.0%) |
| Median Home Value | $592,980 |
| Average Home Value | $584,303 |
Housing Distribution
Address Breakdown
Residential
15,880
Single Family
12,590
Multi-Family
3,290
Businesses
1,842
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Listed by: Shaunna Wouda • Navigate Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #325039271
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.