324 Waikiki CirUnion CityCA94587
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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 Union City at 324 Waikiki Cir, Union City, CA, 94587 offers a 9.35% rental yield on a $199,900 purchase with $1,558/mo rent. Total monthly income registers $1,558/mo, and a $978/mo payment leaves $322/mo available for distribution. Annual cash flow reaches $3,861/yr on $66,267 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 134.09% and total cumulative return in cash at $88,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,558/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No 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: Robert Costa • Advantage Homes
Mls Name: Bay East AOR
Mls ID: #41117134