2959 Massachusetts 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 2959 Massachusetts Ave, Castro Valley, CA, 94546 with 5% annual appreciation on a $1,050,000 basis while $5,758/mo rent supports operations. 77% in year one. Equity gained on principal adds $6,775/yr, and five-year appreciation sums $290,096 alongside rental yield of 6.58%. Five-year ROI measures 91.26% and total cumulative return in cash totals $310,481. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,758/mo property income versus a $5,139/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.35 Acres 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: Bill Espinola • Parkview Realty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41068729
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 2024-08-15 03:54:53 PDT.