2940 Somerset AveCastro ValleyCA94546
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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 Castro Valley at 2940 Somerset Ave, Castro Valley, CA, 94546 earns from $4,085/mo rent with a $4,885/mo payment. Total monthly income totals $4,085/mo. ROI tracks 12.43% on current figures, and rental yield reads 4.91% at a $998,000 purchase. Equity gained on principal adds $6,440/yr, and 5% annual appreciation supports $275,729 over five years. Five-year ROI reaches 62.67% and total cumulative return in cash sums $205,764. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,085/mo property income instead of your personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94546, Castro Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,942 (100%) |
| Owner Occupied HU | 10,109 (59.7%) |
| Renter Occupied HU | 6,168 (36.4%) |
| Vacant Housing Units | 665 ( 3.9%) |
| Median Home Value | $1,018,464 |
| Average Home Value | $1,118,526 |
Housing Distribution
Address Breakdown
Residential
17,114
Single Family
13,129
Multi-Family
3,985
Businesses
1,211
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Listed by: Diana Torres • Coldwell Banker Realty
Mls Name: Bay East AOR
Mls ID: #41118315