2551 San Leandro BlvdSan LeandroCA94578
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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
Rental property for sale in San Leandro at 2551 San Leandro Blvd, San Leandro, CA, 94578 priced at $489,000 pairs $4,513/mo rent with $930/mo cash flow after a $2,393/mo payment. Total monthly income equals $4,513/mo, and annual cash flow comes to $11,162/yr on $162,104 invested. Return on cash invested is 26.79% in year one, and rental yield stands at 11.07% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 141.28% and total cumulative return in cash reaches $229,018. For financing, Ziffy Mortgage’s DSCR program evaluates $4,513/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94578, San Leandro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,212 (100%) |
| Owner Occupied HU | 5,836 (38.4%) |
| Renter Occupied HU | 8,738 (57.4%) |
| Vacant Housing Units | 638 ( 4.2%) |
| Median Home Value | $828,394 |
| Average Home Value | $923,591 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
8,713
Multi-Family
6,015
Businesses
939
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Listed by: Vanessa Comfort • eXp Realty of California
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41071490
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-09-03 13:18:34 PDT.