31108 Varni PlUnion CityCA94587
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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
Investment property for sale in Union City at 31108 Varni Pl, Union City, CA, 94587 at $995,000 posts ROI 20.48% with $114/mo cash flow from $6,306/mo rent. Total monthly income equals $6,306/mo, and annual cash flow records $1,372/yr on $327,355 to close. Return on cash invested measures 20.48% and rental yield reads 7.61% at the current $995,000. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 by year five. Five-year ROI prints 105.92% and total cumulative return in cash totals $346,722.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,306/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
6,932 sqft lot
$N/A/sqft
$10 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94587, Union City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,860 (100%) |
| Owner Occupied HU | 13,557 (62.0%) |
| Renter Occupied HU | 7,713 (35.3%) |
| Vacant Housing Units | 590 ( 2.7%) |
| Median Home Value | $1,153,571 |
| Average Home Value | $1,180,265 |
Housing Distribution
Address Breakdown
Residential
21,542
Single Family
17,407
Multi-Family
4,135
Businesses
1,536
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Listed by: Shan Saigal • CENTURY 21 Real Estate Alliance
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81972199
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 07:52:44 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.