2474 Fairway DrSan 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 2474 Fairway Dr, San Leandro, CA, 94577 uses $177,660 cash to close to unlock $3,414/yr annual cash flow and $285/mo monthly cash flow. Total monthly income runs $3,625/mo, and a $2,643/mo payment keeps the spread at $285/mo. Purchase price stands at $540,000, and rental yield measures 8.06% with $3,625/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 113.93% and total cumulative return in cash records $202,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,625/mo property income covering a $2,643/mo payment rather than investor’s personal income.
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: Wilson Ou • Bay Home Investments&loans
Mls Name: Bay East AOR
Mls ID: #41112091